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Educational Price Action Analysis
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Price Action Analysis
Always wait for the correct level for entry. Correct level for entry is 11.90 as it is a weekly resistance then target is 13.65 with a SL of 10... Highest OI is at 11 and call writers are still strong and if it cross the resistance level then call writer do short covering.. hence always see OI with Price Action Data..
Best of luck in your study..
Always wait for the correct level for entry. Correct level for entry is 11.90 as it is a weekly resistance then target is 13.65 with a SL of 10... Highest OI is at 11 and call writers are still strong and if it cross the resistance level then call writer do short covering.. hence always see OI with Price Action Data..
Best of luck in your study..
Nota
Again power of level proved as it crosses 11.90, there is a sharp surge to 13.25.. Always respect level to be a good trader..Nota
All target achieved as per study.. now stock has made a higher high on weekly so next target as per price action comes to 18.90.
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