IS BNF COMPLETED ITS CORRECTION AND READY TO MOVE UP SEE HOW ?

已更新
Hi Traders,
Comparison of my 25th June Statements with the real move.

1. On 25th June, I mentioned in point no. 2 ( trading plan) is quoting for your consideration " If price breaks this and pink support on 15 min time frame then you have to apply taken out condition only to short with the target of green zone lower band." You can see this condition is partially fulfilled only in 15 min time frame. Not in 1 hour. So there was no question of shorting BNF. Those who do not know the taken-out condition, for them it is as follows:-
Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. . Posting the previous chart for your consideration so that you can compare it with the current move and understand quickly.
SEE POWER OF EDUCATION IN BNF DESPITE WEEK DOW YESTERDAY !!


2. On 26th June, I updated this idea hope you all have got notification of that of course those who are my followers only they can get it. Where I mentioned the same analysis will work on Monday also. New followers kindly configure settings of the right side bulb by selecting all options of whom you want to follow. otherwise, all ideas will flash.

3. Those who are genuine seekers should read the analysis of the stocks which, I post every weekend. This will help you to learn new concepts of this unique language. Some of the followers who trade only in stocks they should take advice from weekend posts for their trades.

Trading Plan For Next Day

1. As you have seen the taken-out condition is not fully activated for a downside trade. So I would like to see the upper zone condition to get activated for long trees. And zone is to watch is the pink dotted line with a solid green line. I showed a green arrow on the zone which has to be watched.

2. If this zone is taken out in 15 min time frame then aggressive traders can take long with the stop loss of buying set up in a lower time frame of 5 Min. For non-aggressive trades, both conditions should be fulfilled. But In trading, nothing is shot sure even 1-hour condition gets fulfilled, you need to find set up on 5 min time frame to take longs with setup stop loss.

3. I circled two candles, see taken support on the same green lower end of the zone. This is the power of zones selected from many with the matching of price structures. A 111 candles Ema provides support. If this ema is taken out on 15 min time frame then take shorts with slop loss of the lower time frame set up of 5 min with the target of the lower band of a green zone to the red support line. Red arrow showing downtrend after taken out ema.
4. Always reminder trading is a game of switching your sentiments with the right time with a correct decision of entry and exit. It is easy to write in one line but takes a lot of years to master this technique. Please share your trades whether bad or good with reasons of entry and exit for all orders. So that they can learn from your experience. This is your responsibility toward your country to motivate maximum traders to learn this art. The rest price will decide which side to go.

YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.

注释
Hello followers,
Since in today's movement price for the last three sessions remained rangebound. So I feel there is no requirement of making any post today. All conditions will remain the same. Follow them strictly. Why I tell you to wait for the condition to validate is because of volatility which does not let you make a profit on either side. That you all have been witnessing for the last three sessions.
Cheers.
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