Broadening Top Formation - Textbook Example

11 февр. 2020 г.

L&T Finance | Short Below 128 | Stop-loss 134 | Target 105 |
Risk/Reward 1:4

It's a broadening top formation. And pretty much like what the textbook describes. Be careful because nice-looking patterns are rarely successful.

If price closes above the upper trendline before breaking 128 then the trading setup becomes invalid.

12 февр. 2020 г.

Сделка активна

18 февр. 2020 г.

Заметка

Shorted at 128 and price Made a low 120.50 today. Trailing Stop-loss from 134 to at clost 128. Target is 105

18 февр. 2020 г.

Заметка

26 февр. 2020 г.

Заметка

Trailing Stop further form 128 to 123, which is a starting point of broadening top.

L&T Finance Shorted at 128. Target is 105. CMP 114.50

26 февр. 2020 г.

Заметка

28 февр. 2020 г.

Сделка закрыта: достигнута тейк-профит цена

28 февр. 2020 г.

Заметка

Target came quickly because of selling across the glob.