Hello Friends,
Let start our analysis of BN move based on pure price action and no indicators.
Since the breakdown move on 8th June, the market is within a trading range.
This trading range is getting tighter and tighter each day and therefore not tradable for option buyer's. Its a paradise for option sellers.
The only tradable set-up today was at opening when the price got rejected at levels of 44212.
After this wild move, the market was trading within a range of 90 points.
Traders will have to wait untill there is a breakout above 44200 or breakout below 43900.
Patience is the biggest virtue of a good trader.
Have a good day !!
Let start our analysis of BN move based on pure price action and no indicators.
Since the breakdown move on 8th June, the market is within a trading range.
This trading range is getting tighter and tighter each day and therefore not tradable for option buyer's. Its a paradise for option sellers.
The only tradable set-up today was at opening when the price got rejected at levels of 44212.
After this wild move, the market was trading within a range of 90 points.
Traders will have to wait untill there is a breakout above 44200 or breakout below 43900.
Patience is the biggest virtue of a good trader.
Have a good day !!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.