WALCHANDNAGAR - This Breakout & Retest Setup Looks Interesting!
⚡Price Analysis & Overview:
1️⃣ Classic BO & RT setup.
2️⃣ Price is breaking the trendline w/ good strength.
3️⃣ Price bouncing from EMAs.
4️⃣ Made double bottom on lower tf.
5️⃣Volumes looks decent.
✨ My Personal Views:
➡️ RRR is okay, SL is slightly on the higher side.
➡️ 15% SL w/ 1:2 RRR
➡️ Expecting strong weekly candle closing for fast momentum.
MTF:
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
1️⃣ Classic BO & RT setup.
2️⃣ Price is breaking the trendline w/ good strength.
3️⃣ Price bouncing from EMAs.
4️⃣ Made double bottom on lower tf.
5️⃣Volumes looks decent.
✨ My Personal Views:
➡️ RRR is okay, SL is slightly on the higher side.
➡️ 15% SL w/ 1:2 RRR
➡️ Expecting strong weekly candle closing for fast momentum.
MTF:
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Trade active
❇️ Expecting a strong break to continue move higher. It has given a good amount of time and space for accumulation. 🧿
Trade closed: stop reached
Weakness in the prices, it might come down deeper and then maybe show some strength. For now, bearish!
Anubrata Ray ⚡
Anubrata Ray ⚡
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