Eris Lifesciences, 1D TF
Beautiful triangle pattern, Stock retesting its previous Resistance level.
How to identify Retest/Retrace: the volume will increase during the breakout & will gradually fall during the retrace.
Perfect scenario to go long by end of the day if the volume & candle stick formation remains same.
Reasons to enter: 1. Low risk Trade, 2. Entering at Support levels, 3. Risk of only 12-15 points
How to identify Retest/Retrace: the volume will increase during the breakout & will gradually fall during the retrace.
Perfect scenario to go long by end of the day if the volume & candle stick formation remains same.
Reasons to enter: 1. Low risk Trade, 2. Entering at Support levels, 3. Risk of only 12-15 points
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