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k314
Oct 5, 2017 7:10 PM

CEAT buy setup - Hunt with tRex Long

CEAT LTDNSE

Description

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
Comments
Bravetotrade
Unconventional 👍
k314
@Bravetotrade, Would appreciate if you could help me understand how it is unconventional as I don't know the difference. Than you :)
Bravetotrade
@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.
k314
@Bravetotrade, Ok. That was very helpful. Thank you :) _/\_
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