On daily chart, there is a channel drawn. I am not sure if we can consider it as valid channel setup. Kindly pour in your comments.
Trading strategy:
1. Buy above 1375 for Target 1 - 1400 and Target 2 - 1450. SL will be 1350 (On closing basis)
2. Sell below 1350 for Target 1 - 1300 with SL 1375 (On closing basis)
Trading strategy:
1. Buy above 1375 for Target 1 - 1400 and Target 2 - 1450. SL will be 1350 (On closing basis)
2. Sell below 1350 for Target 1 - 1300 with SL 1375 (On closing basis)
Trade active:
Trade active on long side.
Trade active
Trade active:
Today high @ 1393.
Trade active
Trade closed: target reached:
First target reached.
Trade active:
looking for target 2 @ 1450
Trade closed: target reached:
Second target reached. Today high made @ 1451