1. Price is showing strength
2. Stock have broken 2022 (2.5 yrs) level.
3. Previous week high is broken.
4. RSI & EMAs are indicating bullish momentum.
5. Price are bouncing from weekly demand
2. Stock have broken 2022 (2.5 yrs) level.
3. Previous week high is broken.
4. RSI & EMAs are indicating bullish momentum.
5. Price are bouncing from weekly demand
Note
This was 1st entry that could have been made.Trade closed: stop reached
Stop Hit.Broke EMA and currently taking retracements but still, the bullish view is intact. Momentum will be slow. Reversal will take time! Hence, always follow discipline and risk management. Managing the risk is the top priority.✌️✌️
Accept the loss and move on⚡⚡
Note
* Just FYI and a small correction, it was Trailing Stop for me.⚡Note
Re-entering with 1:2RRR expectation.
Anubrata Ray ⚡
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.
Anubrata Ray ⚡
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.