Chart -> Precision Wire Weekly
An inverse head and shoulder breakout with volume in Precision Wire.
CMP: 104
Target: 130
Good range: Around 95
SL: 85 Weekly Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
It is not possible to show the whole and more clearly diagram since it was done in M3, but here the price is in a very high liquidity zone in H4, so we look in micro for wyckoff structures. The entry was taken in back up to creek, just right after when there was BOS.
This is one of the longest and highest R/R trades I have had so far.
