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breakout on reversal
COLGATE PALMOLIVE LTD.
Long
breakout on reversal
By Ethical_Bear
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Updated
Apr 4
3
Apr 2
day high target on COLPAL after rejection on support along with matching low candle.. testing only
views are personal and not advise. DYOR
Apr 2
Trade active
Apr 2
Note
Booked 50%, RR 1:1, trailing rest for RR 1:2
Apr 2
Note
sideways movement since 10:45am, box pattern breaking out on smaller tf, waiting for reversal target apprx 14 pts
not a recommendation, DYOR
Apr 2
Trade closed manually
closed manually at 2794, attaining RR 1:2, with 23 pts in total and SL of 11 pts / profit booked.
Reason - multiple rejections at the same level of resistance
Apr 4
Trade closed: target reached
2806 target hit
Chart Patterns
Trend Analysis
Ethical_Bear
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