Reasons for going Long:
1) Healthy Uptrend
2) Now at Swing low with a Bullish engulfing candle in 45 Minutes time frame.
3) Setup - About to Breakout with Falling wedge and Inverse Head and Shoulders patterns.
Note: Breakout with good volume (above average) can get to the first target. Watch Bank NIFTY closely for the trend check.
1) Healthy Uptrend
2) Now at Swing low with a Bullish engulfing candle in 45 Minutes time frame.
3) Setup - About to Breakout with Falling wedge and Inverse Head and Shoulders patterns.
Note: Breakout with good volume (above average) can get to the first target. Watch Bank NIFTY closely for the trend check.
Trade chiuso manualmente:
Trend reversal due to Bank NIFTY.
Trade chiuso: stop raggiunto