Condition To Be Fullfilled Before Initiating a trade on Weekly Time Frame (W TF). 1) Closing Above the counter trendline On W TF. 2) Closing Above 174.90 On W TF (Resistance Given by Ascending Triangle pattern),As Apoorva said in the video (165.75 to 174.90 is a notorious zone).
SL 1) 148 ( Bearish Engulfing Strategy) Target ○For this Setup It's a little bit tricky, But I suggest putting a technical alert On the Monthly counter trendline,And Treating that as a Target. <Daily Homework>