fibonacci reversal trade / falling parallel channel pattern

12 175
hindpetro : 209.20

trade set up :
1. buy range 208 to 210
2. stop loss 196 on closing basis
3. targets : 215/ 225 / 238 / 245 / 266+
technical setup :
1. midpoint parallel channel support trade
2. falling parallel channel
3. fibonacci 78.6% reversal
4. trend line support
5. value pick
6. support & resistance trade
Note
219+ high
Note
261+ high near 30 % returns done

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