Rational : Bearish Engulfing candle in Daily Charts. Price retraced to 50% of candle. RSI negative divergence. Thereby offering an aggressive Swing short trade setup with 2:1 initial RR.
Commento:
Monday is NSE holiday. This need be kept in view if initiating this trade
Trade chiuso: obiettivo raggiunto:
Trade worked as planned. Gave 3:1 RR