SBIN - SHORT

SBIN

(FOR LEARNING PURPOSE ONLY)

• Price below 50mvwap
  
• On 9 Jul 2:45pm,a bullish candle closed with significant supply , followed by failed engulfing next day suggests that Price failed to hold on to the breakout (false breakout) & retraced back into the channel
  

If price closes below 193.3 go short (on volume confirmation) with targets 185.60 & 175.60

Trade attivo:

TARGET 1 REACHED

Trade chiuso manualmente