M&M, How we earned 3% (Trade Analysis) - Learn & Earn
M&M was given for long above 383.8 at 11:56AM today. Logic for trade was pennant or triangle formation and from previous behavior, it was high probable to give long breakout. Breakout did happen around 12:40 and from 383.8 it went till 403+
Book out was told at 403.
See below chart at lower TF to explain more details.
Also INFY was given for long which gave only 2 point and then reversed and exited with 2 point loss.
Price action is supreme and even in bearish market if you get pattern right, you can earn by long. Although priority is always to trade with trend.
Reach out for more details and learn price action.
Book out was told at 403.
See below chart at lower TF to explain more details.
Also INFY was given for long which gave only 2 point and then reversed and exited with 2 point loss.
Price action is supreme and even in bearish market if you get pattern right, you can earn by long. Although priority is always to trade with trend.
Reach out for more details and learn price action.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
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.