Uptrend Channel buy Hexaware!Classical buy Uptrend Channel touch long trade is possible by risking a small amount. Stop Loss 194 on closing basis target around 220.
Ascending Channel
LT: Cyphers & Channels - How to trade !Hi Friends,
We have cypher pattern (potential) in LT and the C to D leg is channeling right now. Even in the channeling we have 2 types - outerchannel (white) on current timeframe n innerchannel (red&whitelines which is 5min Intraday). So trade it as normal breakout trade but decide whether it's gonna be 15min or 5min check ur risks before entering the trade. When cypher gets completed we can take short positions in LT.
Happy Trading !
