Price ne 1 diagonal head & shoulder banaya hai. jo an monthly head & shoulder complete karna ja rha hai.
target = 128
itne bade time frame ka DZ hai to exit lene ke bahut mauke milenge.
I am a novice and took up a swing trade in exide at 183 expecting it to go upwards to 200 due to trendline from 135 to 180, but clearly exide has broken down the trendline in past week
Although I am bullish over long term in exide, will it be better for me to exit at 166 and book loss and retake position at 150 - 140 level and continue my swing trade
Should i continue holding shares which i brought at 183 and do averaging at 150 level and add few more ?
Any suggestion/idea will be very helpful to me to learn more