GAILF trade ideas
Go Premium @ Trading view Charting Friends this Charting software is amazing , very smooth and elegant in look
Today i am so happy that they Made Noise less charts more efficient and easy to Go ,
I am Good advocate for Noise less charting including Kagi, Scatter dots , HLC , and My top pick is Point & Figure Charting
today they added 1 step back ward , print of Box/ 0 , which will help any trader who is having a Long term vision and also who is positioned with heavy investments to understand exactly what is going on in the market
for instance Gail i have long term vision of 140+ target , but today you saw the crowd how it behaved but when i check the same with Noise less charting the view is still intact and its very much good for position trade ,
if any one of you have an Opportunity of Extra Funds with you and if you really want to make a best benefit then Go for Premium charting up grade
tats the best tool i have ever seen
I am posting in Excitement as i love this software it also required knowledge of using these Noise less charting so one can take better advantage out form this software
its my personal Opinion wish you all the best to everyone
Good luck
Gail : RISK/REWARD 8:1Gail is trading at a resistance of an upper trendline in a falling price channel.
Today Gail did break the falling trendline and now giving up gains, creating a long wick.
Gail is in a bear market of its own. Gail already corrected over 45% from a high of 200 to a low of 110 in the past 18 months.
The trend being downward, it's wise to sell on rallies.
Short 125.50
Stop 128.50 ( Today's High)
Target 100
RISK/REWARD 8:1
GAIL closed over important pivot levelGAIL has closed above an important pivot level, net resistance is placed at 138 - 140 levels, above which a good and strong move may be seen to 170 levels.
RSI is now spending time in bullish zone while MACD has moved above zero line. Accumulate on dips suggested.
GAIL 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.