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Ultimate_Trading_System
Jul 22, 2020 11:00 AM

Nickel: a head and shoulder: breakout or reject? 

Nickel FuturesMCX

Description

1. IF breakout, trade on the short side using the high of the breakout candle as SL
2. IF the neckline is rejected and there exist a bullish div in 2HR chart, take a long position on the next candle on confirmation of the rejection




Trade closed: target reached

There was a bullish div in 1 hour at the neckline and nickel gave the target in one day itself!

Till next trade!
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