Tata motors : Breakout and Retracement Trade
Güncellendi
Tata Motors is holding higher levels in daily as well as a one-hour time frame.
.
Reason to Buy:
1) Healthy retracement at 0.236 fibo levels.
2) Major breakout in the daily time frame.
3) Holding higher levels and forming pole and flag patterns in a one-hour time frame.
4) Retracing back to the previous halt level (Purple-Box).
.
Safest entry-level at 155.25.
I entered at 128.65.
Stoploss must be below the immediate swing and retracement level of fibo i.e 146.00.
.
Trade with price action and wait till it crosses higher fibo levels.
.
Reason to Buy:
1) Healthy retracement at 0.236 fibo levels.
2) Major breakout in the daily time frame.
3) Holding higher levels and forming pole and flag patterns in a one-hour time frame.
4) Retracing back to the previous halt level (Purple-Box).
.
Safest entry-level at 155.25.
I entered at 128.65.
Stoploss must be below the immediate swing and retracement level of fibo i.e 146.00.
.
Trade with price action and wait till it crosses higher fibo levels.
İşlem kapandı: durdurma seviyesi
Stop-loss hit closing this trade.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.