price making higher high occilator making lower low

١٠ سبتمبر ٢٠٢٤

hello trading viewers
ITC daily
where price making higher high but occilator making lower low

there is two possiblity here


case 1 if price crossing up recent resistance and sustained
than upside possible for ab=cd , or pole n flag


case2 if price crossing down below recent support and sustained
than downside possible for kind of M pattern or corrective pattern


so in both case support and resistance is the key point in this trade

١٠ سبتمبر ٢٠٢٤

ملاحظة

if price crossing up above recent resistance and sustained than nearest support is stoploss for long

if price crossing down below recent support and sustained than nearest resistance is stoploss for short

١٠ سبتمبر ٢٠٢٤

ملاحظة

final conclusion = price making oscillators , NOT oscillators making price

bole toh BHAV BHAGWAN HAI

١٠ سبتمبر ٢٠٢٤

ملاحظة

when market is in uptrend only try to find SUPPORT
when market is in downtrend only try find RESISTANCE

١٠ سبتمبر ٢٠٢٤

ملاحظة

Disclouser : I am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

١١ سبتمبر ٢٠٢٤

ملاحظة

breaking upside possible pole n flag setup in comming days

٢٦ سبتمبر ٢٠٢٤

ملاحظة

support is still safe so new high in the blue sky

٩ أكتوبر ٢٠٢٤

ملاحظة

٩ أكتوبر ٢٠٢٤

ملاحظة

support break today

١٠ أكتوبر ٢٠٢٤

ملاحظة

490 and 450 is next target in downside

١٩ يناير

تم فتح الصفقة

support broken at 10 september and after that its retest support 27 september for fresh sell
broken support is a resistance now

١٨ فبراير

ملاحظة

once support broken which is 497 now 408 around 17% profit running

١٩ مارس

أغلقت الصفقة: تم الوصول للهدف