TradingView
I-Fund-Trader
Jan 8, 2019 2:40 PM

Struggling Scrip short selling  Short

CANARA BANKNSE

Description

This scrip is struggling to move up and its possibly forming Regular flat in the Middle of B wave , i am looking to go short on 4 Hour impulse bearish candle low , and stay with it til the forecast area for cover using trailing stop

Trade active

Comment

Well it happens , some scrip move fast or impulse and some start with very slow and then take up speed , I am updating this message because some one asked me to stay with it or not , You have to take trade based on the trading principal and put the stop to cost and leave it to run , its simple , if your stop is taken out then no problem , take one more trade based on set up

Comment

Put the stop to cost and now wait to see what happens , it has drop or move up again for consolidation and then drop

Comment

so far form 284 to 260 , its very slow , start trailing the stop on 1 Hour high

Trade closed manually

We have closed the trade in the anticipation of higher volatility in next week ,
More