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====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕
1) Downward Trendline Breakout & retested 2) Flag Pattern can be seen Clearly 3) Head & Shoulder Pattern formation as well 4) volume is OK 5) Targets is based on the S&R zones as shown in the charts
👇👇HEAD & SHOULDER PATTERN 👇👇
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enter after 1877
Trade closed: target reached
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1st Target is done
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reduce the SL & safe traders can book some
Trade closed: target reached
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2nd Target Reached ....safe traders can book fully now @ 1955
Trade closed: target reached
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3rd Target is achieved ....PROFIT booked fully 💯
bought @ 1877 booked @ 1970 pints earned = 93 lot size = 400 PROFIT booked per lot = 37,000 ( 5% ) in 2 days
perfect analysis..initially when the mkt opened it went south bound..after that your analysis worked really well. is it ok to enter at this level for 2nd tgt? what about 1950 ce? keep up the gud work
ReviveTraders
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@vpmathi, thanks for appreciating & yes you can enter again with small SL 😊