Excellent Risk/Reward Swing Trade Setup - BankBaroda - 60 Mins
Hello Traders,
Here, we have an excellent harmonic trading opportunity on Bank of Baroda hourly chart. Bat Pattern has already completed with deep D leg completion. Price action has formed double bottom with bullish divergence on RSI. Long entry can be made @ CMP.
Trade Levels:
Risk/Reward: 1:4.8
Entry: 167.50
Stop: 163
T1: 181
T2: 189
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Here, we have an excellent harmonic trading opportunity on Bank of Baroda hourly chart. Bat Pattern has already completed with deep D leg completion. Price action has formed double bottom with bullish divergence on RSI. Long entry can be made @ CMP.
Trade Levels:
Risk/Reward: 1:4.8
Entry: 167.50
Stop: 163
T1: 181
T2: 189
Good Luck!!!
PS: If you like our ideas/analysis, please like/share them and keep us motivated. If you have any queries, please free to write them in comments. Thank you.
Trade active
Trade closed: stop reached