Prices have been consolidating a while in a range and soon a breakout is expected on the upside. Right now its hovering around the range high. Will enter long position only after breakout confirmation and closing above 623 for a target of 640. If there is a breakout failure, it can be used to enter short at the range high for a target of 600. Will trade based on how price action reveals further.
For study purpose
Thanks
For study purpose
Thanks
Trade active
Entered @ 624Note
Target 1 done @ 630Note
target 2 done @ 635. Trailed SL to cost and took partial profitsTrade closed manually
Closed the rest for 634.Note
Great!! It had a nice breakout and made a high of 644, although i exited @ 634.
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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.