Short sell set up (Up coming)
Hello , Every one dont get confused with chart pattern , this charting is of 7 day candle , in order to reduce the noise i have used 7 trading days candle as single candle for
Identifying the pattern , Most of you will be using daily or weekly charting method ,
My view on BPCL is
It has entered in side way corrective pattern and visually appears it has completed its B wave leg , Now its due for its Wave c corrective leg down
Now when you look on daily you might see its trying make a rally , but one can wait for daily reversal and wait for Trend brake before entering the short sell
One can look for shorting 3 Months contracts in Futures as this will be time consuming pattern
Good luck
Identifying the pattern , Most of you will be using daily or weekly charting method ,
My view on BPCL is
It has entered in side way corrective pattern and visually appears it has completed its B wave leg , Now its due for its Wave c corrective leg down
Now when you look on daily you might see its trying make a rally , but one can wait for daily reversal and wait for Trend brake before entering the short sell
One can look for shorting 3 Months contracts in Futures as this will be time consuming pattern
Good luck
Trade ativo
now one can wait for daily pull back set up for short selling in case they are not in the trade as off nowNota
we are booking form 561 to 370 , all 5 lots we are booking now and we are closing this trade until we see next move We booked 191 per lot
Trade fechado: objetivo atingido
Aviso legal
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.