5442 Channel play - above 515 buy zone
SL Compulsory
Duration 6 months. but this time price broken the channel. if price sustain above 515 at weekly closing, then it is powerful channel play.
Volume at these reversal usually not seen and volume bars are good criteria for breakout plays only.
Hence SL compulsory and qty be non-emotions with long term duration of 6 months to 1 year for 20% gain.
Duration 6 months. but this time price broken the channel. if price sustain above 515 at weekly closing, then it is powerful channel play.
Volume at these reversal usually not seen and volume bars are good criteria for breakout plays only.
Hence SL compulsory and qty be non-emotions with long term duration of 6 months to 1 year for 20% gain.
Trade closed: stop 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.