Lot of confluence seen on this chart.
1. Good break and retest of resistance which is used as SL:200
2. Retest level co-inside with 20ma and 200ma
3. 20ma is rising so we are in buy on dips mood. (as discussed in earlier moving average post)
4. Earlier resistances 250 and 280 are now our target
5. Good volumes in green weeks means good buying at lower levels.
1. Good break and retest of resistance which is used as SL:200
2. Retest level co-inside with 20ma and 200ma
3. 20ma is rising so we are in buy on dips mood. (as discussed in earlier moving average post)
4. Earlier resistances 250 and 280 are now our target
5. Good volumes in green weeks means good buying at lower levels.
코멘트:
Price drop to 200. Now it shows strength risk reward ratio will be very favorable.
액티브 트레이드:
Entry 203.75
Using SL 194 to avoid volatility.
Using SL 194 to avoid volatility.
거래청산: 스탑 닿음:
SL hit..
Will continue to monitor....
Will continue to monitor....
