Bullish Shark pattern on 4H Chart of HEROMOTORS. BUY 2513-2516, SL 2473.9, Target(s) - 2549.9, 2565.
I started learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
I started learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Comment:
This came into the price around 3pm on 7th of July. Avoid trades around or after 3pm as there is no time left for intraday rather everyone is winding up their work or opening new position for their future trades. Today morning gap down happened. In certain situation(s) like this, when a trade is in the levels late afternoon wait for the next day, if it comes into the buying/selling levels the next day then enter else let it go. Theres no point in entering a trade midway to target/sl.