Technical approach for 3rd week of September 2021 (13-17)
**EDUCATION PURPOSE ONLY**
Strategy- (Naked chart)
Per Support or Resistance after break, It can be strong opposite zone for re-test.
Range break.
Head & Shoulders pattern you can see very easily. :) (But we don't consider that, However its good sign for trade confirmation)
Sell stop at : 151.752
Stop loss : 152.363
Take profit : 151.583
Its wide SL and Small TP trade and we can place this for 1% for STOP LOSS (Position size)
Strategy- (Naked chart)
Per Support or Resistance after break, It can be strong opposite zone for re-test.
Range break.
Head & Shoulders pattern you can see very easily. :) (But we don't consider that, However its good sign for trade confirmation)
Sell stop at : 151.752
Stop loss : 152.363
Take profit : 151.583
Its wide SL and Small TP trade and we can place this for 1% for STOP LOSS (Position size)
Trade closed: target reached:
Sell stop activated and NO WORRIES!!! HIT TP WITH 0% Drawdown!