ROLEXRINGS Swing Trade

Mar 6, 2023

1. Bullish Engulfing on Weekly TF.
2. Made Higher Low around 1700 levels.
3. Doji followed up with Bullish candle (where Open = Low).
4. a. Very good Risk to Reward (about 1:3) in short term.
b. Risk: Reward - 1:5 in longer time frame

Mar 9, 2023

Note

Waiting for Daily Candle to close above 2000 for entry.

Mar 10, 2023

Note

Made a High above 2050. But came back swiftly below 2000. Again, Its a really good setup. Need a proper breakout for Entry with better conviction.

Mar 14, 2023

Trade active

Entered the trade.

Apr 5, 2023

Note

Moving as expected. Trailing SL moved to 1900 (Daily Closing basis)

Apr 25, 2023

Note

Not moving as expected.. Buyers very weak here.

Price trading near trailing SL -- 1900.
Close below 1900, will close the trade with a minor loss.

Apr 28, 2023

Trade closed: stop reached