Blue Star Ltd. - Long Setup (Swing Trade)
Blue Star Ltd. has approached a key level, presenting a potential swing trade setup. Here’s the trade plan:
Entry Zone: 1880
Entry Price: Once a 15-minute candle breaks above 1880, the high of that candle will confirm the entry.
Target: 2048.50
Stop Loss: 1795.80 (Triggered if a daily candle closes below this level)
The stock is currently testing the entry zone at 1880, and if there’s a confirmed breakout, we could see momentum driving it toward the target of 2048.50. The stop loss at 1795.80 offers a controlled risk, providing a favorable risk-reward ratio for this setup.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Entry Zone: 1880
Entry Price: Once a 15-minute candle breaks above 1880, the high of that candle will confirm the entry.
Target: 2048.50
Stop Loss: 1795.80 (Triggered if a daily candle closes below this level)
The stock is currently testing the entry zone at 1880, and if there’s a confirmed breakout, we could see momentum driving it toward the target of 2048.50. The stop loss at 1795.80 offers a controlled risk, providing a favorable risk-reward ratio for this setup.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Trade closed: stop reached
Daily candle closed below the stoploss 1795.80, so trade closed.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.