Triangles... triangles... fascinating triangles. I expect the price to fall, but my expectation doesn't matter. The important thing is trading plan. So as usual we are going to analyse and find entries for both long and short. Sell below 9870 with the stoploss of 9900. Targets are 9830 and 9780. Buy above 9910 with the stoploss of 9880. Targets are 9940 and 9960. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Trade active:
Long. Keep trailing stop.
Comment:
Check this!
