This is a good study in all key indicators aligning for a very low risk trade with huge upside and the risk reward ratio is very good.
Note
Trail stop loss to below today's low of 7219, which is below the Pivot high and the Opening Range low.Note
Correction on the Stop loss number, should be 7119.Trade closed: target reached
With a larger position you could maintain a partial position and trail your stop loss to 7665 as the market makes new all time highs.
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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.