Belgin_Paul

CADILAHC 1Hr candle shorting opurtunity

Short
Belgin_Paul Updated   
NSE:CADILAHC   None
2618 trade_ double top and a fib retracement p 0.618 near the trend line and a major resistance linining uo. It gives a decent 1:2 risk reward possibly retest of its low. High probobility setup you should look at.
Comment:
should consider an agressive entry.SL above the 786 retracement level
Trade active:
Right in that zone with a equal measure move into 618 retracement level
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.