tRex88
Long

CEAT buy setup - Hunt with tRex

NSE:CEATLTD   CEAT LTD
Buy CEAT above 1720

T1: 1750
T2: 1775

SL: 1699
Trade active: Made a high of 1745 so far
Missed T1: 1750 by ₹5
Trade closed: target reached: T1: 1750 achieved

Move SL to cost
Unconventional 👍
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tRex88 Bravetotrade
@Bravetotrade, Would appreciate if you could help me understand how it is unconventional as I don't know the difference. Than you :)
Reply
@tRex88, Normally in HnS we look for symmetrical shoulders. A nearly horizontal neckline is ideal and more reliable.
In case neckline is very steep the shoulders are highly unsymmetrical, I call it paralysed body :)

In general also horizontal SR give more reliable breaks than TLs.
Reply
tRex88 Bravetotrade
@Bravetotrade, Ok. That was very helpful. Thank you :) _/\_
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