**Breakout done but....candle size is huge so risk has increased so where to put stop loss ? (main concern)
**One can see, the breakout done at confluence of two trendlines- one is dash line and 2nd continue line.
** There are three touches on upper counter line and five touches on supportive trendline ( golden).
**More the touches stronger the breakout :)
**Stop loss should be below the low of this candle around 370-375
** Targets - 1st- 447, 2nd 484 , 3rd-529
** 1st target is not justified because risk reward is less than 1:1 but one should target 2nd as main target
Quote of the Day- "In life What you really want will never come easy"
* Keep Learning *