U used Fib Extension, this basically to find next target or resistance. Use Fib Retracement Tool to find retracement level (0.5 or 0.618 level)
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Pinned by arbitrageur188
• Dec 13, 2024 12:10 AM
Position Sizing:- A key component of Risk Management.
How to determine Quantity while entering into a trade....read more
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• Jun 23 10:04 PM
@lavanya9899 wt ?
• Jun 17 2:35 PM
Iran Agreed to halt its nuclear programs and it is seeking Arab countries help to mediate with US and Israel....
Positive news
Will be in green tomorrow
Consolidation at higher time frame and Breakout at Lower time frame.🚀🔥🔥🔥
Closing is Good
In action
• Jun 16 2:58 PM
• Jun 13 8:13 PM
Will take these points 😄
But This is not for medium / Longterm, Just for Swing trade .
Of course some news matters but Fundamentals I don't consider while taking Swings
Small SL , coz of raising global tensions 🙂
• Jun 13 5:58 PM
• Jun 13 3:49 PM
@sonia556 short-term means it is little bearish.
U bought at top . ..it was moving in a straight line at the time u bought ..🤦
It need some consolidatation now ..so it is cmng back
In DTF .. I'm bullish
Depends on person, Few people follow support and resistance, VCP patterns, Chart patterns, Trendlines breakouts, EMA strategy, Order blocks, Indicators etc
which ever they backtested and found good, people will use it to identify stocks for swing
There is no Gap filling , 25116 is imp level (High of Inside candle's mother candle). and it is successfully stayed above that level. There is cmng back for nifty if there are no Bad news. N...
• Jun 11 9:09 PM