Buy if price close above 1450 today Stoploss 1480 Target 1520 or any Reasons For Trade-1.Price has broken the support 1450 and recoverd easily near to level 2. Stoploss hunting was done by institutional traders 3.Pin bar formed near 200 Days EMA on 4 hour chart 4.Close above 1450 will expose higher side 5.Risk Reward 1:2 6.Trade with 1% risk of your capital
what 200EMA is indicating here is of 4hr chart... so it is 200 4hrEMA not 200EMA....
secondly there is a massive breakdown of range it has made it in last 3 month.... go check weekly chart u will get a clear picture what is about to happen is next 1 2 months....
what 200EMA is indicating here is of 4hr chart... so it is 200 4hrEMA not 200EMA....
secondly there is a massive breakdown of range it has made it in last 3 month.... go check weekly chart u will get a clear picture what is about to happen is next 1 2 months....