Day Trading Stocks & Futures

sanju005ind

Investor, Option Writer
question from me for my learning.

is it right to expect below script to fall ? if fall what would be low? (if it's not clear, last red candle is lower then prev one)
1563354955706.png

Unless it breaks below the line drawn trend has not changed.it may retrace and still go up.
 

siddhant4u

Well-Unknown Member
View attachment 36268
Unless it breaks below the line drawn trend has not changed.it may retrace and still go up.
I was thinking more like to the orange line level... To me it looks like up trend so I'm conservative (or biased) towards up move. Let's wait for more answers.

1563355175099.png
 

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