its not perfect but as forming on horizontal boundary can consider it.
paper trading
as we miss accumulation we are conservative on position sizing
sl will be 49 on weekly closing i.e. if it break 49 on daily come out and close above 49 then re-entry as
we don't know how much fall will be there with volume so this way we are safe from high speed fall.
target is all time high. so be ready with patience as it will take long to hit.
becoz it took almost 1 year to form
be patient eventuallylong term wealth will be generated.
avoid news
paper trading
as we miss accumulation we are conservative on position sizing
sl will be 49 on weekly closing i.e. if it break 49 on daily come out and close above 49 then re-entry as
we don't know how much fall will be there with volume so this way we are safe from high speed fall.
target is all time high. so be ready with patience as it will take long to hit.
becoz it took almost 1 year to form
be patient eventuallylong term wealth will be generated.
avoid news
Comment:
now our new stop loss is 200wma which is 65.26. if break then come out. and allow volatility to settle for further trading
Trade closed: target reached