Volatility Contraction Pattern

11 Oca 2022

Pivot @1882.
Stock holding the 21 EMA.
Volume dried up significantly on the third contraction.

Publishing for my own reference.
Not an investment/trading advise.

12 Oca 2022

İşlem aktif

Entered at 1866.

13 Oca 2022

İşlem aktif

Locked in Upper circuit.

14 Oca 2022

İşlem aktif

Another upper circuit.

As per my sell rules, selling half at 2R and trailing the rest half until it breaks 10 EMA with SL moved to buy price.

Sold 1/2 at 2.26 RR.
SL moved to buy price, free rolling the trade.

Also, selling as market is overstretched and to protect gains by selling into strength.

18 Oca 2022

İşlem elle kapatılmış

Sold rest at breakeven as per sell rules as it broke 10 EMA after achieving 2RR on this trade where 1/2 was sold
Overall 1RR in this trade.

27 Oca 2022

Not

Good decision!