SBI: The Divergent Trade

Nov 18, 2017

Notes on the chart.

Trade safe, stay healthy.
Do hit the like button as a token of appreciation.
Enjoy the weekend.

Regards
Bravetotrade

Nov 20, 2017

Note

Alright, there is divergence as we can observe. But we dun know where the downwave would end.
There are three types of entries which one can try:

Assume that the price has made a double bottom on 15 min chart-->
1) Break above the trendline
2) Break above the swing high 335.90

Assume price goes down from here-->
For this trade, I personally dun like the price to go down below 331.
3) seller failure setup (difficult one to take).

Nov 21, 2017

Note

I am in @ 332.50; Sl is below 330.

Nov 22, 2017

Trade closed: stop reached