Mcleod Short Setup (Symmetrical Triangle Breakout) Corto

MCLEOD RUSSEL INDIA LTD.BSE

Descripción

⋅ 2 de Nov. de 2016 5:50

It is been observed that the price action firstly broke from a symmetrical triangle on daily chart, indicated bearishness in the price action. Now, the price action breaking new support levels and forming lower lows, again indicating further bearishness ahead.

Target: 160
Stoploss: 175

Operación activa

⋅ 2 de Nov. de 2016 9:53

Operación cerrada: objetivo alcanzado

⋅ 3 de Nov. de 2016 9:33

Target reached successfully. Regards

Comentarios

SunilDhawan

⋅ 2 de Nov. de 2016 9:59

I think 144 is where this fall should stop. what say

NeeteshJain

⋅ 2 de Nov. de 2016 10:40

It may achieve that target too once it breaks and closes below 160 levels. Regards

tikkuk

⋅ 2 de Nov. de 2016 9:57

Can u explain the symmetrical triangle strategy??

NeeteshJain

⋅ 2 de Nov. de 2016 10:40

I shall be covering it in the next educational post, which I shall be posting on this coming weekend. Regards

Más