Identified the part of the chart moving down, checked whether the top is lower than the previous top, made sure that the volume of trade was high when the price started moving down, if so, made the previous top as the stop loss,a point little below the current top as the entry, caluclated the difference between the entry and stop loss and set the exit price.

2 Comments
  1. Naresh 4 years ago

    Hi sir,
    Thanks for sharing your analysis…. Try to post your analysis along with the prior trend.

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