Right Shoulder in formation.
This call is only for risk takers who can afford to lose 1.5 points.
We book partial profits & try to re-enter on bounce in between 154-154.50
Bounced from 152.50 as expected & made double top@155 - Did you sell again -Wow!
Trailing our stops to 155.05 - Making Zero Risk Trade - Already 4-5 Pip in ( No forex - pip used in forex trading)
Pip - Points in Pocket for Friday Party.
Lear the basics of Double Top / Trail your stops to 154.75 from 155 -Next
Once the firstname.lastname@example.org is broken down - we measure distance from top@155 to 152.50 & which is 2.5 points
You subtract 2.5 points from 152.50 & we get double top target as 149.50
Typo error 2017 mentioned instead of 2018.
Closing the update - Thanks
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ