Open order: 2027.58
Take profit: 2047.58
Stoploss: 2017.58
Trade was taken based on strategy
Order taken due to following analysis
Take profit: 2047.58
Stoploss: 2017.58
Trade was taken based on strategy
Order taken due to following analysis
- Price is above 200EMA
- Strong support rejection at 2006.94 level
- Momentum indicator showing exhaustion of seller
- Price at 2028 liquidation level
- Expecting price to hit major resistance level of 2048.84
Trade closed manually:
Trade closed manually securing small profit. This is due to a weak BOS