VitalismTraders

LTF: WAIT FOR A PULLBACK ENTRY

Panjang
NSE:LTF   L&T FINANCE LTD
1. the market has made a strong breakout
2. the market has been making higher highs and higher lows
3. So it is in an uptrend and shows strong bullish nature
4. Wait for the market to make a pullback because it had already made a very large move
5. Take an entry immediately after a choch in the 1 hour time frame
6. If the trend is so strong then the market might not even come back to the OB and just go up,
7. But do know that it is ok to even miss the entry because markets run in a cycle and it will give you another chance
Penafian

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