padiyara

BN Nifty... Target & Stop for valid island reversal (onrequest)

padiyara Updated   
NSE:BANKNIFTY   NIFTY BANK
9
Minimum target for island reversal for BN 20440
and the stop is the end point , here it is 21336
Comment:
And if you are concerned about the RRR.
Since the stop is below the pattern and you trade only the size of the pattern, the win-loss ratio is based on the minimum target is almost 1:1. very poor??. ok.
But it is absolutely acceptable since the pattern has a high success rate.
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