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tradepurge
Jun 11, 2020 8:48 PM

HEXAWARE Inside Bar Breakout 

Description

Hexaware on daily time frame has formed DOJI for the last 2 days with the latest candle contracted inside the previous.
The doji indicate uncertainty in the price, hence trade the breakout of the inside bar in either direction.

Long above 330.05
TGT 1: 335.45

Short below 311.30
TGT 1: 306.55
TGT 2: 300.05

NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.

Order cancelled

Opened gap down & traded within the range with day's high at 330.
Long entry @ 330.05 NOT triggered!
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