*After reaching ATH it gets pull back to its prev.resistance lvl and also volumes are enough to support this pull back which indicates buying is seen from this level. This strategy have 65-70% of success rate Follow the FIVE rules below. 1)Book whole profit at TP if you want to free up capital 2)Stick to strict stoploss. 3)If you want to ride the momentum Use supertrend or Monthly MA(Length is based on your req) exit when hit. 4)Wait as long as it hits TP 5)Capital allocation depends on your self as it offer 1:4.
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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.