Nicely formed Channel > possible Trade !
Bank Nifty has formed a beautiful channel which offers a short trade at current level as it has touched the upper boundary and traded above it but closed below and the red candle have confirmed it. So One can short it at the current level with SL of recent High. It offers a good Risk to Reward Ratio.
Entry 20800
SL 22150
Target 17200
Risk/Reward Ratio 2.70
However it works as a trap for small trader and SL triggers one can reverse the position to buy for the target mentioned in the chart.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Entry 20800
SL 22150
Target 17200
Risk/Reward Ratio 2.70
However it works as a trap for small trader and SL triggers one can reverse the position to buy for the target mentioned in the chart.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
交易進行
交易進行
Trade is doing well so lower the Stop Loss at entry price. It is a risk free trade now :)手動結束交易
The trade is closed at no loss and looking for another trade in it as mentioned above. :)
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。