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...
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
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.
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...
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
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.
I think, RPOWER has been doing a large WXYXZ since ATH. I could be very well wrong though. Its just my opinion. Found a nice complex corrective structure throughout the movement. Ofc, you can also find an impulsive one , downwards which would then mean mayhem! But i'm not too confident with that.
Also, if you look at the big descending wedge, you can see that it...
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.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
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.
Recent struggle nearer at 20EMA signals that bears are still hold the control. As well, short term EMA stays below long term EMA confirms the bearish trend in the stock.
Expect it to expiry below 33 level.
Rpower
Cmp 30.90
- on an hourly chart the stock is trading near channel support
- channel trade set up target is around 35-36 odd levels
- stop loss if closing below 29.75
Risk :: Reward ratio looks favorable to go long
Take care & safe trading...!!!
Entry Strategy = Tilted Line
Stop Loss Strategy = Previous Candle Low
Exit Strategy = Trailing Stop Loss
Entered on 36.05 with a stop loss was at 33.20 Trailing Stop Loss hits at 37.25
Entry Strategy = Tilted Line
Stop Loss Strategy = Previous Candle Low
Exit Strategy = Trailing Stop Loss
Entered on 36.05 with a stop loss was at 33.20 Trailing Stop Loss hits at 37.25
Entry Strategy = Tilted Line
Stop Loss Strategy = Previous Candle Low
Exit Strategy = Trailing Stop Loss
Entered on 35.60 with a stop loss was at 33.20 Trailing Stop Loss hits at 37.25
![RPOWER: [Intraday] RPOWER Tweezer Top Short Trade](https://s3.tradingview.com/k/KEEdhpcb_mid.png "[Intraday] RPOWER Tweezer Top Short Trade")
![RPOWER: [Positional] RPower Outside Bar Bet](https://s3.tradingview.com/n/nQKJ74LQ_mid.png "[Positional] RPower Outside Bar Bet")
