Swing Trading using MA and Bollinger bands
Hello!!!
i am MBA in Finance and an active trader. I generally do swing trading where one can earn profit in 10-14 days.This is my technical analysis using 50 MA and bollinger bands. The point where both of them coincide is the point where we expect price to go up.
Risk management is very important, one should always be disciplined about stop loss and target . I have taken risk to reward ratio 1:2 but you can take according to you.
Buy = 396
stop loss = 383
Target = 422 (1:2)
- lets share and grow together ;)
i am MBA in Finance and an active trader. I generally do swing trading where one can earn profit in 10-14 days.This is my technical analysis using 50 MA and bollinger bands. The point where both of them coincide is the point where we expect price to go up.
Risk management is very important, one should always be disciplined about stop loss and target . I have taken risk to reward ratio 1:2 but you can take according to you.
Buy = 396
stop loss = 383
Target = 422 (1:2)
- lets share and grow together ;)
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