UJ Short, RR 1:2.17, RR 1:3.01
Reasons to enter:
1. Blue trend line is being respected nicely, as lower highs and lower lows are forming (yellow circles)
2. A shooting star from candlestick pattern was shown, am expecting it to cross back to it's EMA 21 and further downside is expected.
3. The price hitter 50% fibs level and expecting the price to hit 0% or even -27.2%.
4. The price is aiming for the next support area (light blue rectangle).
5. In the bigger TF, daily, showing a double top forming.
UJ Short RR 1:2.17 CMP 110.69
TP: 109.80
SL: 111.10 (40 pips)
UJ Short RR 1:3.01 CMP 110.69
TP: 109.18
SL: 110.20 (50pips)
This is an intra-day/swing trade, a short term trade. The stop losses are small, but do take care with big lot size.
1. Blue trend line is being respected nicely, as lower highs and lower lows are forming (yellow circles)
2. A shooting star from candlestick pattern was shown, am expecting it to cross back to it's EMA 21 and further downside is expected.
3. The price hitter 50% fibs level and expecting the price to hit 0% or even -27.2%.
4. The price is aiming for the next support area (light blue rectangle).
5. In the bigger TF, daily, showing a double top forming.
UJ Short RR 1:2.17 CMP 110.69
TP: 109.80
SL: 111.10 (40 pips)
UJ Short RR 1:3.01 CMP 110.69
TP: 109.18
SL: 110.20 (50pips)
This is an intra-day/swing trade, a short term trade. The stop losses are small, but do take care with big lot size.
Trade closed: target reached
For the first trade , UJ Short RR 1:2.17, TP hitted! A 90pips achieved in just 2 days! Hope you all enjoyed the trades. Great week indeed! =DTrade active
For the second trade, UJ Short RR 1:3.01 is still active, currently still holding a trade of 65+pips at the moment, and am expecting it to hit the target around @109.20. You guys can close half of the lot size and move SL to Entry point to breakeven and make this trade a sade trade. Lastly, hope you all enjoyed the analysis! :PTrade active
Just entered another sell at CMP 109.94. TP : 109.20, SL: 110.20. RR 1:2.85, a short term trade! Have fun trading all ~
Trade closed: target reached
TP2 Hit! Thank god and have a great weekend guys! =D Hope you all enjoyed the 88 and 151 pips for both tp!
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