12-4-2024 data

Nifty falling near at the oversold region but I'm waiting for the BOF , the other indices are same position.

Nifty50 is no follow candle but going up this is liquidity grab then engulf the total candle 

Bank Nifty there is no follow up candle that means week momentum reversed from the price reached day low.

Then the fall price will recovery to reach the 55EMA  then sellers enter the place

Both indices are break the 21EMA then no follow up candle this shows weakness then one big red candle engulf the entire move then fall below the BOF 

I'm enter the trade on low of the trap candle.

today my sl hit i need to refine my process

PCR is 0.77 this is indicate up move  maybe i think my sl very low so that sl hit  before that's my proper entry

The trade was ended with small loss but ok no issues