Nifty Morning Trade setup I have

Nifty Morning Trade setup I have

Komentarz:

Friends, you can see the setup for which i was waiting

A Symmetrical triangle.

What is a symmetrical triangle and how to take benefit from it ?

It can go breakout or breakdown. And we are supposed to see it's direction and can put pending orders based on it.

Komentarz:

There is a trend line red color out from the triangle.


Till the price is above it, we are safe and go long till our target.
If it comes below it, careful and cautious.

Komentarz:

Trail stoploss to 11634

Transakcja zamknięta: osiągnięto wyznaczony cel:

Target reached.

entry from 596 till 634.

38 Points profit.

Good friends

Transakcja zamknięta: osiągnięto wyznaczony cel:

We reached the target, before 2 points to target we closed.