Trade Setup:
Weekly TF: Broke out of wedge pattern, and retest happening. 1700 INR is support, with 50EMA support acting as confluence.
Entry = CMP ie; 1703 INR
SL = below recent swing low ie; 1620 INR (consider exit when price closes on weekly basis)
Target = 2000 INR.
RR = 3.47
Weekly TF: Broke out of wedge pattern, and retest happening. 1700 INR is support, with 50EMA support acting as confluence.
Entry = CMP ie; 1703 INR
SL = below recent swing low ie; 1620 INR (consider exit when price closes on weekly basis)
Target = 2000 INR.
RR = 3.47
Trade chiuso: obiettivo raggiunto:
Super trade. Target reached, and trade closed.