Hi all,
This entity has open and started below cloud today as well as major 20-50 MA crossover. Wait for it to retrace near 114 level and then short it for good risk reward ratio of 1:2 for first target and 1:3 for a second target.
However, if close below 110 today one can STBT it for immediate first target.
Trade with atleast 2 lots in option and book profit at each target with trailing the rest at breakeven.
Thanks.
This entity has open and started below cloud today as well as major 20-50 MA crossover. Wait for it to retrace near 114 level and then short it for good risk reward ratio of 1:2 for first target and 1:3 for a second target.
However, if close below 110 today one can STBT it for immediate first target.
Trade with atleast 2 lots in option and book profit at each target with trailing the rest at breakeven.
Thanks.
