Middle of Noware

This scrip is in the Middle of No ware ,
I see so many patterns and identify them before they act ,
in my view this is exactly in the middle of structure

there are two possibilities
01) it can move out of the structure and make an impulse pattern
02) or it can further move in side way and make one last drop before making an turn around

which one will happen i have no idea , but i have prepared to trade the next move
Look for proper set up , Preferably long set up , selling at this stage would mean bad trade

Bình luận:

It did not move out form flag pattern , it will high likely will drop further and make an small base before moving up sharply
one can wait for this move down and base formation

Look only for buying opportunity ,

Bình luận:

start booking profits by trailing stop

Đóng lệnh: đạt mục tiêu:

well it made 261 as high i accept its done for now , I am not looking further move up as the move form my entry was very weak
so We have booked yesterd and closed the trade
from 210 to 255
Made 45 points