Place SL below the breakout candle’s low or use a risk-management-based SL. 📊 Additional Notes:
Look for strong bullish momentum and avoid false breakouts. A good risk-to-reward ratio (RRR) is recommended before entering. Ensure market sentiment aligns with the trade direction. 📉 SELL Setup (Short Position) ✅ Entry Condition:
Sell below the low of the 15-minute candle that closes below 22,510. Wait for a clear breakdown with strong bearish confirmation. 🎯 Target Levels:
Place SL above the breakdown candle’s high or use a risk-based SL. 📊 Additional Notes:
Ensure a confirmed trend breakdown with high volume. Watch for support levels and potential reversals. Follow a strict risk management strategy. ⚠️ DISCLAIMER: I am not SEBI registered. This trade setup is for educational purposes only and should not be considered financial advice. Do your own analysis and consult a financial expert before trading. Markets are subject to risk, and past performance does not guarantee future results.
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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.