PETRONET trade ideas
Petronet Risk Trade Setup with small Stop Loss !! TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
Education PurposeThis is a purely educational post.
Petronet is at a support level of 224/225. If it breaks it can test the next support line at 204/205 level.
Petronet LONGTriangle breakout along with Fib 38.2 Retracement - Buy above 245-249. Welcome suggestion :)
[Buddha] PETRONET Inside Bar TradeLong 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 in first 5 minutes and follow ORB strategy.
PETRONET - INSIDE BAR1. BUY ABOVE - 225.5 WITH SL OF 15 MIN WAVE LOW
OR
SELL BELOW 210 WITH SL 217
TARGET OPEN
Time to go long on Petronetis it a time to go long on petronet. My call is yes. risk to reward ratio is in complete favour. lets see how things proceed from here on.
Petronet LNGIt is showing signs of reversal from its PRZ zone of 2 bullish harmonic patterns - Deep Crab and AB=CD. It could retest 260-265 provided it does not go below 243
PETRONET FUT SHORT - Swing trade - Rejection from 50% Fib coinciding with resistance
- Clear Pinbar
Will be taking position at 50% retrace of Pinbar or at the breakdown with stop entry.
targets marked in the chart.
LNG 2 REVERSAL PATTERNBEARISH GARTLEY AND BEARISH BAT PATTTER....TOMORROWS OPENING WILL DECIDE PATTERN
Price on support lineprice can go up from here, short below 260
Note: if you have any constructive comments, pls do share
