GANESHA ECOSPHERE (NO INDICATORS - ONLY PRICE ACTION)

1 Oca 2022

1- Nothing much to explain very simple analysis
2- channel breakout with reversal pattern in weekly time frame
3- Reversal pattern confirmed with second week closed in Green , which is good sign.
4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
5- still if you want to set a target then go with 1:2 or 1:3 risk reward
6- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)



NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.

IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......

20 Oca 2022

İşlem kapandı: hedefe ulaştı