Learning to catch High Probability Breakouts

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amibrokerfans

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XRAY27

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Below is chart of nifty spot with expanding triangle showing downwards bias



Hourly chart of Nifty future once close above the 7800 was bullish (according to my study) ..that high was around 7839( 24th) on 25th it opened below the close never went ahead .........on basis EOD nifty spot chart and change of trend in hourly is also noted trend is on downward bias
with expiry showing max pain is around 7700 and 7750 levels
 

extremist

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NF 5 Min. next day probable movement.

Red is less likely.

The middle blue is most probable.

Let's see....
i said middle blue is most probable.

And so far so good
It is making addition of both blues.
 
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amibrokerfans

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my imagination-
yesterday when the 1st time nifty entered 7758-7747 level, there was a good fight between bull&bear and atlast bear won the lvl. he proved it again at the last moment of the market that he is the owner now of this lvl.

i am again looking for 7701-7675 for bull and a new lvl 7769-7786 for bear. (bear won 7758-7747 lvl already, but can loss it due to holiday)
 
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