Actually i have short position from 420 which is starting point of C in my Bullish Bat Pattern. However, i took my position because of daily price action. As you can see A and C points are closing points of daily candle and it clearly says us to short it.
I will close most of my position at 380 but short position can continue till reach 356.
In a nutshell, i am going to close my positions at 380, 370 and 365.
I will close most of my position at 380 but short position can continue till reach 356.
In a nutshell, i am going to close my positions at 380, 370 and 365.
Trade closed: target reached:
Due to huge gap, lowest point can be seen as 344. As you know i said short position can be continued till 356. So, trade can be completed successfully.
Nice enough profit :)
Nice enough profit :)
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