Buying Opportunity in BNF
تم تحديثه
All the details are mentioned on the chart
Till now market showing bullish bias
-->There is just one more check box left
-->If price can give a closing above previous high and if it can retrace min 0.5 -0.618 % then we can enter for a long position.
-->No trade if price comes back without creating a higher high & View will be negated if it cross bellow 40200 before breaking previous high.
Managing the trade:
If the trade goes in our way
*Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating
Till now market showing bullish bias
-->There is just one more check box left
-->If price can give a closing above previous high and if it can retrace min 0.5 -0.618 % then we can enter for a long position.
-->No trade if price comes back without creating a higher high & View will be negated if it cross bellow 40200 before breaking previous high.
Managing the trade:
If the trade goes in our way
*Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY.
*NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
***If you like my analysis let me know by giving boost or a comment.
I will be updating
ملاحظة
price at mentioned levels but better to stay away from this trade as it almost closing timeملاحظة
Any way I will consider this trade for a live testing.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.