FINOLEX CABLES LTD
Long

Finolex cable - RR 1:4 - QUANTITY 100%

87
PRICE IS CONSOLIDATING BETWEEN SYMMETRICAL TRIANGLE PATTERN, and price has just took support from bottom line of the triangle, since price has started moving in upward direction, we can take this trade , first we observe chart on 1week time frame ... but to reduce stop loss and increase risk to reward ratio...we shifted to one day time frame..

in 1 week time frame .... risk to reward barely was 1:2 .... but when we switched to 1 day time frame risk to reward becomes 1:4...

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