GAP UP OPEN IN BNF IS BULL TRAP OR WILL MOVE UP SEE !!

COMPAIRING MY YESTERDAY STATEMENTS AND TRADING PLAN WITH ACTUAL MOVE.

1. YESTERDAY I WAS EXPECTING RANGE BOUND TRADE AND PRICE WILL MOVE UP AT AFTERNOON . BUT NEWS IMPACT OPENED MARKET UP AND THEN WHOLE DAY RANGE BOUND TRADE. IF WE LEAVE THE GAP UP PART ALMOST WHOLE DAY BNF SPEND IN TIGHT RANGE.
2. GIVEN GREEN BOX AS TARGET YOU CAN SEE AFTER GAP UP AND COMING INTO GREEN BOX PRICE COULD NOT TAKE OUT THIS BOX. SEE WHITE ZONE GIVEN AT LEAST 15 DAYS AGO WORKED SO PRECISELY, CIRCLED IN PINK, THAT AFTER GAP UP EVEN THIS COULD NOT BE TAKEN OUT. THIS IS THE POWER OF INDEPTH ANALYSIS . ALTHOUGH AFTER PACKAGE NEWS PEOPLE WERE SO EXCITED ABOUT MARKET THAT A BULL PHASE WILL START . BUT COULD NOT CROSS THE HIGH AGAIN.PEOPLE WERE ASKING HOW WILL YOU TRADE NOW. I GAVE MY TRADING PLAN AT 5.3O PM ALMOST 2 HRS BEFORE THIS NEWS .AND BNF FOLLOWED MY RED STRUCTURE HALF IS EXPECTED TO FOLLOW TOMORROW.SEE TECHNICAL CHART SAYS EVERYTHING ONE DAY IN ADVANCE. JUST WE NEED THAT MICRO INSIGHT OF UNIQUE CHART LANGAUGE.
3. AS FAR AS MY TRADE WITH YESTERDAY PLAN IS CONCERNED I TOOK ONLY ONE POSITION AT CANDLE NO.4 FIRST CANDLE WAS BIG BEARISH ONE.AND NEXT TWO WERE PAUSE & IN DECISIVE CANDLES IN WHITE ZONE SHOWING NO INTREST OF BUYING. AS SOON AS PRICE BREAK 3RD CANDLE LOW I TOOK SHORT AND PRICE CAME TO TREND LINE WHERE I HAD TO BOOK MY PROFIT. BUT THOUGHT IT WILL CONTINUE FURTHER SO DID NOT BOOK . IT WAS MY MISCALCULATION. A GOOD PROFIT CONVERED INTO LOSS AS YOU SEE NEXT CANDLE WAS BULL TRAP CANDLE. USUALLY I AM VERY DISCIPLINED TRADER NEVER COMMIT SUCH FOOLISH MISTAKES. BUT DOWN PSYCHOLOGY CONTROLED MY DECISION. SO THIS IS THE MESSAGE TO ALL TRADERS NEVER EVER BECOME THE PART OF GREED WHEN YOU GET PROFIT AT RIGHT PLACE THAT WHITE TRENDLINE WAS TARGET AND MISSED IT. WHY THIS HAPPENS BECAUSE MARKET WAS RANGE BOUND.SO IN THIS SORT OF MARKET ONE SHOULD BOOK PR AT RIGHT PLACE OTHERWISE IT SUCKS ALL.

TRADING PLAN FOR NEXT DAY.

1. SEE IN TODAY'S TRADING BNF MADE INCOMPLETE STRUCTURE SO IT IS VERY DIFFICULT TO KNOW RIGHT DIRECTION. ONE HAS TO FOLLOW THE CONDITIONS PROPERLY IN THIS SHORT OF STRUCTURE. GIVEN TWO ARROW INDICATES THE DIRECTION OF TRADE. GREEN IS FOR LONG AND RED IS FOR SHORTS. IF PRICE TAKES OUT MICRO RED TREND DOTTED LINE AND TRADE UP AT LEAST 15 MINS THEN LONG CAN BE INITIATED WITH SL.
2. IF PRICE TRADE 15 MIN BELOW GREEN DOTTED LINE THEN SHORTS CAN BE INITIATED OF COURSE WITH SL.
3. BETWEEN WHITE ZONE TO GREEN DOTTED LINE IS NO TRADING ZONE.
4. TWO STRUCTURES SHOWN IN FIG CHECK WHICH IS BEING FOLLOWED TRADE ACCORDINGLY. IFMARKET IS IN BUY ZONE THEN RED COLOR UPPER ZONE IS TARGET. REST MARKET WILL DECIDE.
YOGESH VATS

Komen:

Hi! As told yesterday that market can be range bound. Same is happening. Now structure is giving me clue to find set up in should side at today high with SL. Price is in no trading zone. But current structure provides this information. Target should be green dotted line.