stock price is already broken the structure of higher highs and higher lows, and currently the price is moving in the bearish structure( lower lows and lower highs, parallely the volumes are hevay when the price moves downward and volumes are low when price is moving higher, safe trade can be taken when the price hits the retest area and there should be formation of healthy red candle with the heay volumes ,
setup:-
entry can be taken below the low of that healthy red candle
stoploss can be above the high of that candle
views are only for educational purposes
setup:-
entry can be taken below the low of that healthy red candle
stoploss can be above the high of that candle
views are only for educational purposes