ROLEXRINGS Swing Trade

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1. Bullish Engulfing on Weekly TF.
2. Made Higher Low around 1700 levels.
3. Doji followed up with Bullish candle (where Open = Low).
4. a. Very good Risk to Reward (about 1:3) in short term.
b. Risk: Reward - 1:5 in longer time frame
Ghi chú
Waiting for Daily Candle to close above 2000 for entry.
Ghi chú
Made a High above 2050. But came back swiftly below 2000. Again, Its a really good setup. Need a proper breakout for Entry with better conviction.
Giao dịch đang hoạt động
Entered the trade.
Ghi chú
Moving as expected. Trailing SL moved to 1900 (Daily Closing basis)
Ghi chú
Not moving as expected.. Buyers very weak here.

Price trading near trailing SL -- 1900.
Close below 1900, will close the trade with a minor loss.
Đóng lệnh: dừng lỗ
Chart PatternsTrend Analysis

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