ショート

Biocon - sine wave motion

アップデート済

Last Long idea failed; Cube is gone. Prices may conserve energy for some more time; till then they are in sine wave motion. May consider shoting the stock when prices hug the upper parallel (in yellow) as maked in the char. Idea invalid if prices breach previous lower high at 401; this is because the long idea is still valid as mountain base is filling and market structure becomes bullish once prices break the previous high. If that happens we may initiate long postion again with stop loss below market structure. This may become a very profitable trade if turns out so, otherwise we may look for similar opportunity when prices reaches the short target level as indicated in the cart.

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This is one person’s experience, your experience may differ.

ノート

SO FAR SO GOOD. PRICES MOVING DOWN ALONG WITH SLIDING PARALLEL AND TREND BARRIER, BUT TRADE NOT ACTIVATED YET. WAITING FOR PRICES TO HUG TREND BARRIER.

トレード稼働中

Prices hug the upper parallel at EOD. Initiate short at opening of market at 397 with stop loss 405

ノート

fall from cliff is coming; if sellers succed in their endeavour.