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TrenTrader13
11 de Fev de 2020 14:05

Indian oil, IOC Short Viés de baixa

INDIAN OIL CORPNSE

Descrição

IOC is in a clear downtrend which gave us a nice bounce to the Kijun sen / 0.5 fib level followed by 2 days of rejection. Will be shorting the futures lot of feb 2020.
Short 115.45
Sl = 118.30
Target 1 = 109 , RR = 2.26
Target 2 = Open and trail with daily heiken ashi candles if trade works out in our favor.

Trade ativo

IOC has resumed downtrend as expected. we are halfway our target and should hit it this week InshaAllah. Keep trailing the stops as per convenience. lets make it a great loss free trade by bringing stops to entry.

Trade fechado: objetivo atingido

Target of 110 has was hit. Trade Closed
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