On 4h time frame, FLYNG was slipping down in a regression channel, continuously making LHs and LLs. Now it has broken out of the regression channel and moving upwards.
Seeing overall KSE-100 moving sideways, this SCRIPT is also expected to move in sideways.
So the trading strategy should be to buy on dip and sell on previous price resistance.
Trading values:
Buy-1 (CMP) : 27.26
Buy-2: 25.00
SL: 20.82
TP-1: 29.53
TP-2: 31.71
Seeing overall KSE-100 moving sideways, this SCRIPT is also expected to move in sideways.
So the trading strategy should be to buy on dip and sell on previous price resistance.
Trading values:
Buy-1 (CMP) : 27.26
Buy-2: 25.00
SL: 20.82
TP-1: 29.53
TP-2: 31.71
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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.