INDIAN HOTELS // levels to watch

Currently long from 61.8% level marked (124), break of red ranges is bullish AF.
Right now we got rejected from descending triangle's upper trend line, expecting it to break at the retest.
Probably will hedge sometime at red lines marked.
Liquidity at demand zone getting weaker after 5 bounces. A break below demand range is bearish, will look for shorts.

Note

RSI support at 35.24 // establishes since last year.
Adding on the frontrun of this support, but closing some of my position if it breaks.

Note

Volume profile // break of point of control is something I'll monitor.

Trade active

Opened spot long at 124
Looking for a bounce at EQ or above

Trade closed: stop reached

Stopped out folks, welcome to trading.

Note

As demand rolls over, it will soon turn to support and be retested.
Looking to flip short.

Note

Really surprised, didn't think we'd still close within the orderblock on the daily. Might have been a mistake not being patient for the close.
Anyway, might take a small long position if we break above orderblock on a LTF retest.

Trade closed: target reached

Target 1 reached!
Happy with 14%, selling 30% of my position here.
Entered at 124 if anyone's asking

Note

Closed another 20% of my position at 145, still holding half of my position.

marzil

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marzil

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