Like i have mentioned in the video , its the point of confluence for 3 different trenline resistances. It also happens to be the 0.236 Fib retracement level from the Covid lows. I am a pullback trader and i try to spot entries early. This offers a very good RR of 1:5 at the very least.
The idea is in collaboration with my friend @Sarvagyasharma .
Entry @ 145
Target @ 172
Stop @ 134
The idea is in collaboration with my friend @Sarvagyasharma .
Entry @ 145
Target @ 172
Stop @ 134