Case I: PNB is currently in the uptrend and the uptrend will get killed on Trigger II i.e. 67.4
Case II: Also, in the aggressive case, We can observe tilted HNS Pattern which will get triggered on Trigger I i.e. 69.
In both case, stop loss should be kept at 72.5
If the stop loss is touched, one should Stop And Reverse as it will be a continuation of the uptrend.
Case II: Also, in the aggressive case, We can observe tilted HNS Pattern which will get triggered on Trigger I i.e. 69.
In both case, stop loss should be kept at 72.5
If the stop loss is touched, one should Stop And Reverse as it will be a continuation of the uptrend.
Order cancelled
PNB opened at 68.95 triggering trigger I but if you see the below chart, it rocketed 1 point up in 1 tick making it impossible to take the trade. So the trade was cancelled.Note
As I read the comment and found a dumb guy holding this trade (god knows how he entered). If you are one of those dumb guys, EXIT it
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Disclaimer
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.