HDFC BANK LTD
Long
Zaktualizowano

12153 Triangle breakout possibility

Trade Thesis
a) Triangle breakout possibility above 1817
b) vwap breakout above 1817
c) Breakout pull back set up
d) Weekly breakout above 1817
e) W formation in development
g) Entry point may take time as possibility on consolidation between 1780 to 1817 for another 2 days of time.
h) SL compulsory
i) Started OI decrease and price increase (Short covering) and this must be followed by OI increase and price increase in next week


Trading mindset requirements
a) Mastering your mindset by having growth mindset; Embrace Challenges and learn from criticism.
b) Positive thinking begins by practicing the gratitude, which helps to shift from negativity.
c) Surround yourself with positivity
d) Use positive affirmations to combat negative thoughts and build self-confidence.
e) Limit distractions: Identify the common distractions and find way to minimize those interruptions.
f) For Army, discipline is heart to fight for external enemy, but for traders, discipline is soul and heart to fight internal enemy called emotions.
g) Winning is a process, and you must trust the process and allow it to unfold; otherwise you will give up because you will want too much too fast and make the critical mistake of skipping important steps.
Anulowano zlecenie
entry not triggered
skip the trade as structure changed

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