Prepare for a launch on BN!

12 בספט׳

BN is having a beautiful price compression. Potential energy unleashes Kinetic energy in Physics. The same applies in the markets too. When there has been a price compression for a long time, it leads to an explosive move!
A trigger is needed for BN. That trigger level is 51,330 which needs to be breached strongly.
This could lead to a swing entry on BN.
Stay tuned!

12 בספט׳

הערה

I have taken Monthly position for 25Sep2024 expiry on BN.
51200 CE Buy
53300 CE Sell

This is not a recommendation. Please do your due diligence.

12 בספט׳

הערה

Plan the Trade and then Trade the Plan! Look at that beautiful expansion on BN!

16 בספט׳

עסקה סגורה: היעד הושג

Target achieved on BN now. Exited my Buy position. The Sell position is still open for Premium collection.
I'm expecting BN to correct now if it breaks 52,000 level with some negativity.
Will wait for next Long set up to re-enter but I won't be shorting BN anymore.