ITC LONG
ITC has formed 2 demand zones, one over another. thasts the reason for type 3 entry. for type 3 long entry waith for pric to enter the zone and bounc back., while the price laving the zone take the long entry. if the price is not bouncing and pierces thru the zone, dont take entry. its for edu purpose only
Note
precise feather touch entry , of course type 3 entry. missed target by o.o5 paise. exit trades with present profits which is more than 1:1 Risk to reward ratio.Note
this is beauty of Demand supply methodloogy where in i planned trade this entry, target and stop loss 2 days back. now, trade is being executed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.