Guru7208

Guru7208

Stock is trading in channel pattern. Now stock touch the support line and forming higher high. While being conservative (retracement) trader. We need considered three things. 1. After break the resistance and stock would touch the previous resistance line to conclude whether resistance act as support. 2. Price should be discount price. ( To check we...

Guru7208

Stock is trading in channel pattern. Now stock touch the support line and forming higher high. While being conservative (retracement) trader. We need considered three things. 1. After break the resistance and stock would touch the previous resistance line to conclude whether resistance act as support. 2. Price should be discount price. ( To check we...

Guru7208

1. Market is trading in the channel pattern. 2. After touch the channel support, stock forms higher high and higher low. 3. Now touch the previous higher high and fill the gap (fvg) 4. Display hammer candle. Take buy trade 917 price and target 1120. If incase stock rejects in resistance 1 (990 price) and close below previous day low. Then exit your...