We can observe Stoploss hunt behavior and pattern fake breakout, potential long opportunity above 2650 lvels.
We can look for longs in Reliance if 1hr candle closes above 2650 with good volume,
short term targets should be 2750/2800 levels with recent swing low as stoploss.
--Educational purpose only.
We can look for longs in Reliance if 1hr candle closes above 2650 with good volume,
short term targets should be 2750/2800 levels with recent swing low as stoploss.
--Educational purpose only.
Comentário:
Reacting from Demand zone, no entry yet.
Trade ativo:
Entered in trade 150points up already.
Trade fechado manualmente:
Tail SL hit
Trade fechado: stop atingido