Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Bat Harmonic Pattern is completed on daily chart of CG power. Price has reversed from the Points D , which is also confluence point of trend line . Stop loss could be placed below Point X , but tend line would be better for stop loss. Rest is explained on the chart.
Disclaimer : This is for education Purpose only
CG Power Daily Analysis
Demand zone + Double bottom + Trend line Support
CMP 37.55 Can buy again with SL 26 below
Target 39.9 - 43 - 44- 47- 49 - 51 - 53- 55+
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
![CGPOWER: [Intraday] CGPOWER Weekend lvl 7 Short Trade](https://s3.tradingview.com/j/JwIB3wGG_mid.png "[Intraday] CGPOWER Weekend lvl 7 Short Trade")
![CGPOWER: [Intraday] Short CG Power](https://s3.tradingview.com/h/Hhxhlbqd_mid.png "[Intraday] Short CG Power")
