Reason for long
a) Head and shoulder pattern in daily time frame
b) pin bar and subsequent bar has less bear volume.
c) more over, it is channel breakout as well.
Duration 5 days with 5% SL and 5% as target.
Good risk reward zone.
a) Head and shoulder pattern in daily time frame
b) pin bar and subsequent bar has less bear volume.
c) more over, it is channel breakout as well.
Duration 5 days with 5% SL and 5% as target.
Good risk reward zone.
Trade closed manually:
market is bearish... no need to go long now on this script