Trend line support and DragonFly Doji

2020년 8월 17일

Strong trendline support

Each time it came near trendline it took to support, formed a Dragonfly Doji candle, and then reversal happened.

Points to consider
1. Strong trendline support
2. Dragonfly Doji
3. 50 SMA support
4. Price rejection near the trendline.
5. Limited risk

Buy Above sustaining of previous day high.

Target 1455/1480

Wait for the confirmation, use TSL, and wait for the targets.

(Only an Educational view)

2020년 8월 18일

액티브 트레이드

Trade is active and made high of 1439.
Stay in trade for more profits