A good swing trading opportunity PEL Ltd(Holding period 1 month)

13 сент. 2020 г.

PEL

Formed an ascending triangle , perfect opportunity after a breakout wait for the prices to-hold above 1340 (Risk to Reward almost 3)and if wanna have a safe entry wait till horizontal resistance level break of 1355-1360 but this will decrease the risk but will increase the Stop Loss.(Risk to Reward 2).

Vansh Jejani

15 сент. 2020 г.

Заметка

Facing Resisitnace at 1360. Wait for the confirmation if the price holds above 1360 then there will be a suitable buying opportunity, as well as trail the (STOP LOSS from 1275 to 1285)

21 сент. 2020 г.

Заметка

didn't work out
Stop loss hit !
May cover up coz it was just a global fall due to some scandal
But in case it didn't work out soon
So according to me get out of the position