Refer Smaller Time Frames.
Formed a Triangle pattern.
Broke out of triangle pattern and Important Resistance( Yesterday's Support)
And it was Perfectly Placed @ 61% FIB. (FIB was drawn from yesterdays High to Todays Low)
Once the retest is done and again broke the zone with impulse, here entered a long position.(11:26 Hrs)
TWO Targets were set-
1st @ Yesterday's High
2nd@ Previous GAP
Stop loss was set @ retest Low.
Formed a Triangle pattern.
Broke out of triangle pattern and Important Resistance( Yesterday's Support)
And it was Perfectly Placed @ 61% FIB. (FIB was drawn from yesterdays High to Todays Low)
Once the retest is done and again broke the zone with impulse, here entered a long position.(11:26 Hrs)
TWO Targets were set-
1st @ Yesterday's High
2nd@ Previous GAP
Stop loss was set @ retest Low.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.