Astral 1:6 risk / reward
we can see it"s a high probability trade because it has formed 3 bullish patterns in multiple time frames with that it has already achieved 42% of the target and we can still expect 10-12% more .
I am expecting a retest at 1 hour channel pattern and goint to enter with a risk of 2.5% and a reward of 12%-14%
1- technical chart patterns in our favour.
2- multi time frame analysis results are bullish.
3- market (nifty 50) also seems positive.
4- fundamentally good
I am expecting a retest at 1 hour channel pattern and goint to enter with a risk of 2.5% and a reward of 12%-14%
1- technical chart patterns in our favour.
2- multi time frame analysis results are bullish.
3- market (nifty 50) also seems positive.
4- fundamentally good
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.