How U select pt X? Should it be from swing Hi/lo pts.Otherwise such ratios can be created everywhere in the chart.Anyway today no big fall is expected as everybody became panic stricken.It will fall again when most naive traders start thinking that the nightmare is over
linesandlevels
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@eternallearner, change TF and get Swing Low at x point. Go to daily TF and get swing there. without proper swing hi/lo one can't get perfect pattern
Parasuram
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stop loss will be in a few days
linesandlevels
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@Parasuram, possible but until that ? One can long with trailing basis top loss on one hr time frame at list