Inverted H&S | Descending Triangle

8 Ağu 2023

For a daily swing trend,
At 4H time frame there was a breakout for inverted H&S & descending triangle pattern.

From the CMP the target till the daily resistance, the SL considering the Inverted H&S or Daily support the risk : reward ratio are 1:44 and 1:25 are respectively.

Both the risk : reward ratios are good.

If my description is confusion please watch the video. haha :-)

8 Ağu 2023

İşlem aktif

9 Ağu 2023

Not

There was SL hunting yesterday, but market came back to the breakout level.

9 Ağu 2023

Not

105.8795 is a critical resistance at 4H time frame, if a 4H candle closes above this level can expect strong bull run.

15 Ağu 2023

Not

the critical 4H resistance 105.8795 has broke..,
Consider add more positions with tight SL.

25 Ağu 2023

İşlem kapandı: durdurma seviyesi

:-(