ESCORTS trade ideas
ESCORTS - Intraday Trading Setup for 10 Aug 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor only.
ESCORTS - SHORT - Fakey Pattern ESCORTS couple of days before had a false breakout for inside bar
The Fakey pattern can be best be described as a “false-breakout from an inside bar pattern”. The Fakey pattern always starts with an inside bar pattern. When price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range of the mother bar or inside bar, we have a fakey pattern.
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Trade Setup on charts
I have kept the SL to min - but people can use 50% of last bar as SL
Happy Trading
#ESCORTS - 4 hour chart bearish ESCORTS - Bearish setup
4 hour chart analysis
Harmonics Pattern
Hope my Chart Helps !!!!
Escorts ShortI hope you can now see how Escorts represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Escort: It seems still we are in Wave 3 and might go for the 5th of Wave 3. We can expect 1370 or 1400 levels in days to come. Currently 1080 is the invalidation.
Potential H&S Forming on ESCORTS !There is a potential Inverted Head and Shoulder pattern forming on ESCORTS.
Trade is possible if the prices breach the Neckline and close.
Escorts long termA close about the lower end of channel can be taken as entry and trade till high range. It is better not to go for short as the stock has consolidated a lot.
Do your own due diligence.
Escorts Breakdown Positional Short Trade SetupFresh Breakdown Escorts Sell ~ 1102, Stop ~ 1135, Traget ~ 880
[Positional] Escorts Short IdeaAs per charts.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act on "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Postional" - means You can carry this positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" - means These are weekly options trades. If I don't explicity write the Expiry, I am talking about current week's only.
"Bounce" - A swing Trading Pattern. Google - "unofficed bounce"
"3BB" or "Entropy" - A Bollinger Band Based System which uses Bollinger Band to screen trade and Price Action to Enter. Google - "unofficed entropy".
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me. You should follow the system I share.
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Like -
Always follow a stop loss.
In case of Intraday trades, it is mostly the "Day's High".
In case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. My trades are live in my forums, in comments, on Youtube. You can tail me if you want to do so.
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I will keep adding this description and it will be the same or similar in most of the trades I post.
Escorts symmetrical triangle Escorts forming symmetrical triangle pattern can give breakout or breakdown.
Buy opportunity in escorts soonEscorts is very strong on monthly , weekly and daily charts.
it is forming a triangle pattern right now.
although it had not shown a breakout yet , but it may soon do . Keep an eye on the stock.
