Long
HDFC approaching 1800
HDFC has been in a nice long term uptrend trending above 200 EMA, and is just given 13,62 EMA Crossover.
Also the price has broken up from a consolidation zone and confirmed a double bottom.
Long position may be initiated above 1737 with a target of 1800 and SL 1725
Also the price has broken up from a consolidation zone and confirmed a double bottom.
Long position may be initiated above 1737 with a target of 1800 and SL 1725
Trade attivo
taken support at 1725 levels on hourly chartTrade chiuso: stop raggiunto
However , if still in position may look for test of 62 ema on hourly chart .Also there is a resistance turned support area , from where the prices can bounce upwards
Nota
It took support at the above mentioned area and now almost touched the targetNota
Cheers to all who held the position and made some serious money :-)Trading just boils down to getting hold of your emotions and following the plan.
WE must act on our fear and think rationally if the price is not moving in our desired direction and look for the reaction at support zones.This trade was a nice example of it.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.