SHORT with good Risk to Reeard Ratio of above 4 !

The chart is showing frequency at the down sloping PF. The prices broke the UML and came back again start trading below it. It may have shaken the weak traders today and may fall till ML. It offers a good opportunity to trade it with small SL with risk and reward ratio of above 4.

Entry current Price 250
SL 254 closing
Target 232
Risk/Reward Ratio 4.3

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.

Trade active:

Shorted the Fut at 250!

Trade active:

Trade is moving in line of expectation SL moved to break even :)

Trade closed: target reached:

Great reward Thanks !