The Problem we have here is, we are in middle of C to D move & if you notice we have predicted two ways for YesBank to move up.
i) The first straight line (orange) - if that happens, I don't have any reason or setup to take trade. I will be just watching till it reaches 1570's zone - No Trades at all
ii) The pullback scene - Here Only on Bullish reversal , I will be taking the trade
Consider if first scene happens, people who are bit emotional chase that & feel like , I will get atleast next 40 points , even if there is no trade setup But professional traders will never do that mistake. We take only when the trade happens as per our plan. Hope you got the point :)
i) The first straight line (orange) - if that happens, I don't have any reason or setup to take trade. I will be just watching till it reaches 1570's zone - No Trades at all
ii) The pullback scene - Here Only on Bullish reversal , I will be taking the trade
Consider if first scene happens, people who are bit emotional chase that & feel like , I will get atleast next 40 points , even if there is no trade setup But professional traders will never do that mistake. We take only when the trade happens as per our plan. Hope you got the point :)
Kommentera:
This one not active yet, its just in our zone. Wait for the reversal, if it never happens, trade is never on, Don't jump in !
