long @ 1209 - 1239 Target 1: 1279 Target 2: 1318 Stoploss @ 1162 - only if it strongly closes below this SL.
This is for education purpose only!
Comment
⋅
100% retracement of X is completed.. its tricky to hold this position but reversal started.. once again entered above previous day high at 1173. Stoploss will be today's low at 1143.
20 point stoploss and target will be 40 and 80 points.
Comment
⋅
40 points of Target 1 reached. Wait for Target 2 of another 40 points...
Trade closed: target reached
⋅
Both targets reached. Its not perfect harmonics. But managing trade accordingly will still fetch profit returns. If i say SL its only on closing basis and never the wick on daily time frame.