Market at near all time high! What should we do now???
Updated
Only simple answer:- Wait for breakout or rejection from top, the the price decide. But according to trading rule price has to consolidate first before breakout, otherwise if price will break directly might be it can form a fake breakout. I will prefer to wait for price action, then i will plan accordingly. Now no trading zone according to me.
I think one rejection we can see from this all time high area, and price can fall till 18400 somewhere and then it will prepare for breakout. And that breakout will be healthy breakout. Anyway i am just waiting for price action.
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Note:- only for educational purpose.
Regards
Rahul Pal
I think one rejection we can see from this all time high area, and price can fall till 18400 somewhere and then it will prepare for breakout. And that breakout will be healthy breakout. Anyway i am just waiting for price action.
Hit the like button if you like my content. And follow for more updates like this. Thankyou
Note:- only for educational purpose.
Regards
Rahul Pal
Note
Rahul Pal (TradingView Moderator)
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from others spf.bio/TUZZz
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