Price action has formed a "pencil pattern". Pencil pattern is found by me. Now pencil pattern will help us to find how the price will move. Buy above 341.5 with the stoploss of 339. Targets are 344, 347 and 350. Sell below 338 with the stoploss of 341. Targets are 335, 332 and 330. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 26, 2017 only.
Note : By training our brain to find new patterns in chart, brain becomes active and trade becomes easy.
Trade active
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Long
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1st target!
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2nd target!
Trade closed: target reached
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Pencil pattern worked well.All targets reached.
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How many of you landed in Adaniports today?
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Dear Traders, this weekend I will write about trading psychology and another topic in Newbie's corner. Enjoy your weekend, but dont forget to read my posts. Give comments and likes. Happy weekend :)
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Last week's report : All day calls worked, except exipry day canara bank call.
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Raja24
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Just Watching pencil pattern seems good great keep up the good work all the best