Wolfe wave analysis, sell at 3620 with the stop loss of 3680
Target 3500, 3400, 3250 & 3150
still not get confirmation from the above analysis, safe traders wait for 15 mins bearish candle close to take the position.
good risk to reward ratio from the analysis , Book in the ratio of 1:2, 1:3 or wait till Target 3200 to hit.
position should taken in the area of 3560-3620, even you can take above that with the respective analysis but not below 3560.
strict stop loss 3580
Target 3500, 3400, 3250 & 3150
still not get confirmation from the above analysis, safe traders wait for 15 mins bearish candle close to take the position.
good risk to reward ratio from the analysis , Book in the ratio of 1:2, 1:3 or wait till Target 3200 to hit.
position should taken in the area of 3560-3620, even you can take above that with the respective analysis but not below 3560.
strict stop loss 3580
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.
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.