Mindtree Bearish

The daily candle on Mindtree printed a nasty Bearish Pinbar at a Major swing high Resistance. Expecting drop to continue.
Enter at the break of the Pin Bar or at a 50% retrace level since the stop loss

is coming out unfavorable. This is a Swing Trade.

매매 수동청산:

The Bearish Pinbar is not giving the follow up as expected. Today`s daily close ( ( (Bullish Pinbar from 8 EMA ) further adds bullish scenario to it. We advised to enter on 50% retrace on bearish Pinbar for a good RR, Now close the trade at break even.