Description
⋅ Confluences:-
1) Monthly Level
2) Channel Bottom
3) 0.618 Fib
4) SFPattern
5) EW - W3 of W5
6) Year to Date POC
Stop loss: 28830
Comment
⋅ RR 11:1
Comment
⋅ For educational purposes ONLY.
Comment
⋅ We have another confluence as - 100 day EMA as support.
Comment
⋅ Trade activated.
Comment
⋅ Trade proceeding as per plan. Move SL in profits as per appetite.
Trade active
⋅ Good time to book partial (would recommend atleast 50%) profits @ around 34k region, It is a resistance ngl. Will compound again if we go lower :)
Comment
⋅ 34k still massive resistance!
Trade closed: target reached
⋅ Target reached.