Hey guys,
- BPCL has a very good setup right now. It seems to be forming a bearish bat with the second impulse wave in the formation.
- This trade has an RR Ratio of 6.82. So that pretty much is a very good number to give in.
- Sell in the red region and buy back lower at the 0.382 retracement.
Trade closed: target reached
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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.