Elephant candle break out on weekly as well as daily TF. supported by gud volume. All the characteristics of gud break out met.
characteristics of gud break -
• Big break out candle On resistance trend line on daily chart no selling wick
• Big volume
• Quick time
• Second party response
Buy on retracement if happens. near 1063. may be gud target in near future
characteristics of gud break -
• Big break out candle On resistance trend line on daily chart no selling wick
• Big volume
• Quick time
• Second party response
Buy on retracement if happens. near 1063. may be gud target in near future
Comment:
SELLING WITH VERY LOW VOLUME. WAIT FROM GREEN ELEPHANT CANDLE FROM HERE.
Comment:
May buy from this price range because SL is very low...
Trade closed: stop reached