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TradingSutra
3 de Jan de 2022 04:53

COFORGE: Bullish Triangle Breakout Viés de alta

COFORGE LTDNSE

Descrição

Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern.


Trading Strategy:

Buy Coforge : 5990. SL: 5550 tgt: 6400/6900

Trade fechado: stop atingido

Comentários
Abhisha1
I hope you are making profit in this :D get well soon.
TradingSutra
@Abhisha1, I hope you know how to read . Get Well soon :)
matkhanpur
Any updated view sir
TradingSutra
@matkhanpur, stop loss triggered. Trade closed
matkhanpur
hats off sir to your analysis took support exactly
rhjain
@TradingSutra - near to SL
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