WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017

View previous topic View next topic Go down

WEEKLY ANALYSIS AND TRADE SETUP- 19 MARCH 2017

Post by AVINASH on Sun Mar 19, 2017 10:55 pm

Analysis of last week pointed towards pushing of prices towards the 178 level where we can plan aggressive long.
This trade has given us nice profit with 1:2 target. cheers

At present trend on monthly is up with weekly sideways trend. Daily downtrend with intact trend line is reason to book profit in long trade.
188-194 level will offer some resistance but if broken can provide us good setup to enter long on retrace , as trend on 240 I already up with intact trend line.

OI analysis too suggesting adding of longs in system, which supports our long bias at good levels.


Trend Analysis:




OI Data Analysis:





Trade Setup:

avatar
AVINASH
Admin

Posts : 165
Join date : 2017-03-04
Location : MUMBAI

View user profile http://avinashtradediary.forumotion.com

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum