Taking this trade during following reasons as per marked entry and exit:
1. Candle patten – Bullish engulfing
2. Chart Pattern – Parallel Channel for last 1 year and a breakout with great volumes
3. Volume – Price with big volume and breakout with close above.
4. RSI – above 80. Trending.
5. Moving average – above 200 SMA
6. Entry at Blue line, Stop loss as Red line and Targets Green line
Only for education Purpose
1. Candle patten – Bullish engulfing
2. Chart Pattern – Parallel Channel for last 1 year and a breakout with great volumes
3. Volume – Price with big volume and breakout with close above.
4. RSI – above 80. Trending.
5. Moving average – above 200 SMA
6. Entry at Blue line, Stop loss as Red line and Targets Green line
Only for education Purpose
Trade ativo:
Took a position at 95. Lets wait for target