Due to presence of Bullish engulf, wait till candle closes on high. Take entry for Long on Market order. Set S/L on previous LL. Set TP as per the calculation on 2% Risk Reward ratio.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.