BERGER PAINTS Pullback Breakout
Updated
BERGEPAINT showing a clear pullback move on daily timeframe candle.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 498.40
Short below 488.90
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Preceding impulsive red candle with a large range followed by a small ranged green candle, hence trade the breakout of the pullback green candle in either direction.
Long above 498.40
Short below 488.90
Target 1% in either direction.
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Trade active
Long entry triggered @ 9:30 amTrade closed: stop reached
Gave a fake long breakout. No momentum.
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