gulz
Long

Intra/BTST Trade Setup: Bullish Gartley on Bank of India @ 136.8

BSE:BANKINDIA   BANK OF INDIA
Hey,

A Potential Bullish Gartley near completion on 15 mins chart.

Trade levels detailed on chart.

ENTRY : 136.8
TARGET 1 : 138.4 ( 38.2%)
TARGET 2 : 139.5 (61.8%)
STOP : 135.7 (standrad)

Considering Stop below 135.4 would be beneficial as its below the trend line . " PLAN YOUR TRADE, TRADE YOUR PLAN"

Note : RSI already entered into oversold zone.

Trade with care,
Gulz
Trade closed: target reached: Gap up opening & Hit target , couldn't make entry though.
Nice area for long entry. There are some fib confluence on daily chart too. + RSI Divergence..
+1 Reply
gulz safri
@safri, Good Finding - i didn't notice fib levels , but i had noted RSI divergence on daily chart with structural support - Thats y i chose this setup :).
What do you think about stop loss level ? any suggestions ?
+1 Reply
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