5565 The 25ema short play
Reason for short are
1. Big consolidation breakout
2. After major fall, it took support at 25ema, which is short zone
3.Howsoever some positive green bars are seen during rise and to keep bull risk and keep sl at 2% high.
4. First 5 min breakout or breakdown can be considered as signal for short.
1. Big consolidation breakout
2. After major fall, it took support at 25ema, which is short zone
3.Howsoever some positive green bars are seen during rise and to keep bull risk and keep sl at 2% high.
4. First 5 min breakout or breakdown can be considered as signal for short.
Trade closed: target reached
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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.