EXPLANATION : This is a 15 min time frame chart of EURGBP . It has formed Descending triangle pattern , after seeing this formation I take it early entry and Sl kissed me . Price moves in opposite direction of my Analysis , Now what can I do ?? Respect your SL , No revenge trading , No over trading , Find another opportunity , No gambling . This all things keep in...
DABUR : SWING Pick!
Simple Channel Breakout.
The bottom line is called the Basic Uptrend line & the upper secondary line is called the Channel line.
The failure to reach the bottom end of the channel is often an early warning that the upper line will be broken, usually indicates a strengthening trend.
Risk Management :
Risk only 2% of your...