Chambal Fert Swing Long Update
- Chambal is currently trading at 519
- I am soon expecting Chambal to purge 530 as well
- If you are late then it is better not to catch the breakout if your entry is not conservative
- If you try longing after taking a confirmation from the breakout a Buy Side Liquidity trap will stop you out showing a bullish fakeout
- So Avoid longing chambal when the party is over
- If you a retracement and a catch beneath the wicks entries are going to be perfect
- Manage risk properly
- I am soon expecting Chambal to purge 530 as well
- If you are late then it is better not to catch the breakout if your entry is not conservative
- If you try longing after taking a confirmation from the breakout a Buy Side Liquidity trap will stop you out showing a bullish fakeout
- So Avoid longing chambal when the party is over
- If you a retracement and a catch beneath the wicks entries are going to be perfect
- Manage risk properly
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