For the past few days price action is correcting and I expect the trend will continue today also. Sell below 360 with the stoploss of 362. Targets are 356, 353 and 350. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for short. 4. Dont enter trade if there is no clear buy/sell signal. 5. Enter when price action breaks 15 mins high/low.
Comment:
Sell below 362 with the stoploss of 364. Targets are 359, 356
Trade active
Comment:
First target reached!
Trade closed: target reached:
On 2nd target! 362 - 356 = 6 points gain.
