You know the drill price fell into OB but missed taking my position. So taking position now and stoploss is right under OB. Decent position looking to hold this one for a while
Small scalpshort here. HVN is posing as resistance. If we break through Stoploss is very tight and ensures minimal loss but upside wis great with 2 set targets that cover 25% of position each and then the other 50% is open as the first two targets cover stop loss loss. We are also at the apex of a pennant (bearish) so expecting continuation of trend to resume....
Approaching the OB let's see if we can get a bounce here up to the exit (2-3% scalp) Stoploss set right under OB 2% max loss