New Gen a low risk good reward setup.
Updated
#Newgensoftware.
Looks promising.
- At trendline support.
- Good RR setup.
-Pull-back volume is low.
-Risk is 10%
❗️It is trading right below 50 DMA.
❗️Market is still sell on the rise.
Trade with limited quantity. Most of the setups are prone to failure in such market conditions. Add this to your WL and study.
The chart is shared only for educational purposes only.
Looks promising.
- At trendline support.
- Good RR setup.
-Pull-back volume is low.
-Risk is 10%
❗️It is trading right below 50 DMA.
❗️Market is still sell on the rise.
Trade with limited quantity. Most of the setups are prone to failure in such market conditions. Add this to your WL and study.
The chart is shared only for educational purposes only.
Trade active
Entry not triggered. Broke down from major support. Trendline support is broken. Bearish engulfing with huge volume. Wait for stability. This could be a potential investment opportunity. This doesn't mean jumping into the trade right away with full quantity. 
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