MANYAVAR formed a reverse head and shoulder pattern on daily chart. For quite some time this particular stock has been going down but now shows signs of reversal. Stoploss can be had just below the breakout candle. Also note the wick on 4th June indicating strong buying pressure at those level. Target can be just below the resistance level marked. This trade offers ideal risk reward of 1:2.
Hope you like this idea, if so please boost the idea or leave a comment below on what you think. Otherwise, happy trading :-)
Hope you like this idea, if so please boost the idea or leave a comment below on what you think. Otherwise, happy trading :-)
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。