Taking this trade during following reasons as per marked entry and exit:
1. Candle patten – Bullish engulfing 2. Chart Pattern – Parallel Channel for last 1 year and a breakout with great volumes 3. Volume – Price with big volume and breakout with close above. 4. RSI – above 80. Trending. 5. Moving average – above 200 SMA 6. Entry at Blue line, Stop loss as Red line and Targets Green line
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.