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Triangle pattern formed with a high volume breakout on 14-oct-2015.
Entry Price reached on 15-oct-2015.
Dear prem
You taking risk of 9% and profit is only 10%.
The profit should be double than the risk taken,the risk /stop loss should be reduced to 3%to 4% only.
DEAR sir, the min expected profit should be at least 1 times of the risk taken, however this can be increased to 2 times if the pattern formation is very clear…
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