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.
  

Kommentar:

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.

Kommentar:

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

Trade ist aktiv:

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

Trade geschlossen: Stop wurde erreicht:

Stopped out folks, welcome to trading.

Kommentar:

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

Kommentar:

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 geschlossen: Ziel wurde erreicht:

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

Kommentar:

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