LT (Larsen Toubro) : Bullish Trend Continuation (1h)
This is simple one..no advanced stuff added here :)
LT is on bullish run for sometime now which we can clearly see from the chart
Note that, there is Pricezone marked in yellow lines which indicates a ranging zone and right after that Bullish trend continued. It can be mentioned as "Breakout" from range zone.
Aggressive Traders enter right @ Breakout, Conservative Traders wait for Pullback which has just happened.
Some traders believe aggressive traders tend to make more money than conservative ones, but they fail to realize that they face more no.of losing trades compared to Conservative Traders. That doesnt mean all conservative Traders can be successful :)
Happy Weekend !!
LT is on bullish run for sometime now which we can clearly see from the chart
Note that, there is Pricezone marked in yellow lines which indicates a ranging zone and right after that Bullish trend continued. It can be mentioned as "Breakout" from range zone.
Aggressive Traders enter right @ Breakout, Conservative Traders wait for Pullback which has just happened.
Some traders believe aggressive traders tend to make more money than conservative ones, but they fail to realize that they face more no.of losing trades compared to Conservative Traders. That doesnt mean all conservative Traders can be successful :)
Happy Weekend !!
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