Mighty Nifty Jan 1, 2024

已更新

Market remains the same, it is us who imagine and interpret the price movement in different ways. As we change, the interpretation also changes. But the market is same. In this New Year, be like water, flow like a river, develop the flexibility to embrace the changes. I wish you All A Happy New Year 2024.
Price is moving within the range 21700 - 21800 for the past 2 days. Break out from this level can give good movement.
Pattern : Consolidation.
Range : Medium.
Trend strength : Normal.
Buy Above : 21720.
Stop Loss : 21690.
Targets : 21750, 21780, 21800 and 21840.
These levels are derived based on the assumption that price will test the low of the range 21700 and decide the trend direction.
Sell below : 21640.
Stop Loss : 21690.
Targets : 21610, 21580, 21550 and 21520.

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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.

注释

Inside the range.