GANESHA ECOSPHERE (NO INDICATORS - ONLY PRICE ACTION)

1- Nothing much to explain very simple analysis
2- channel breakout with reversal pattern in weekly time frame
3- Reversal pattern confirmed with second week closed in Green , which is good sign.
4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
5- still if you want to set a target then go with 1:2 or 1:3 risk reward
6- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
2- channel breakout with reversal pattern in weekly time frame
3- Reversal pattern confirmed with second week closed in Green , which is good sign.
4-And the target always depends on price action , actually I don't set target, I do take exits depends on priceaction (and it varies to person to person's conviction)
5- still if you want to set a target then go with 1:2 or 1:3 risk reward
6- Trade cautiously according to market condition (position sizing and risk management are the key things in the stock market)
NOTE : I only use simple Strategy that always give superior returns, Don't get carried away with all the complex strategies that's in the market. Complex doesn't necessarily mean good.
IF U LIKE MY ANALYSIS GIVE IT A LIKE AND COMMENT IF U HAVE ANY DOUBTS .......
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.