8400 W formation in development
Reason for long
a) W formation in development with huge bull volume
b) all six indicators are bullish. QQE, renko, Rainbow, super trend, super vwap and poc
c) The price is technically below the 200 ema, but he pattern, volume it is developing: that seems, it may break upside above the 200 em
d) If price retraces 2120 is the entry with 7% SL and target of 15% in next one year
position sizing to be 1% of total protofolio
a) W formation in development with huge bull volume
b) all six indicators are bullish. QQE, renko, Rainbow, super trend, super vwap and poc
c) The price is technically below the 200 ema, but he pattern, volume it is developing: that seems, it may break upside above the 200 em
d) If price retraces 2120 is the entry with 7% SL and target of 15% in next one year
position sizing to be 1% of total protofolio
Trade closed: target reached
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