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tradepurge
Jun 4, 2020 9:26 PM

Inside Bar Descending Triangle Consolidation Trade 

COROMANDEL INTLNSE

Description

Price contracted and breakout expected.
Long above yesterday's high.
Short below yesterday's low.

Trade closed: target reached

1% fixed target from entry.
Comments
dheemutech
good job bro!
dattathreyaraok
how u calculate 1% fixed target? in this case what it will be?
tradepurge
@dattathreyaraok, The trade is planned for intraday, so roughly a 1% move after breakout is usually completed based on my backtesting results. The target order is then placed at the nearest support/resistance near the 1% tgt.
dattathreyaraok
@tradepurge, Thanks for reply
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