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NIFTY: TENDING A SHORT TERM BEAR BREAKOUT-(BEARS ARE BACK)

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Stock possible in the process of forming a thunderbolt structure from the current price action in a 1hr time frame

(i.e) the candles may grow as an impulse to the down and a pullback to the top and again one more impulse to down (shown in the graph).

In a 4 hr time frame the market moving in a triangle formation (shown in the graph).

At 10929.85, the market tends an impulse to change the pattern from the downtrend and made the signals to move in sideways.

An insight of the triangle formation, the signals have max.probability to break the correction trend in 1 hr time scale.

If the break out happens means, the market may fall aggressively to the down with a thunderbolt structure (shown in the graph).

In case the pullback won’t execute properly and the signals moving in an upward trend means, end the trade at 10898.64.

HAVE A LOOK ON CHART AND DECIDE YOUR TRADE.

SIGNAL SPECIFICATION:

Pair: NIFTY

Order: SELL

Entry: 10818.82

Take profit :10671.75
Stop loss: 10898.64

Risk Vs Reward: 1.84.
Our Unique Features:

1. Follow our 15 signals ….10% equity will increase in your account for sure.
2. We are not Trailing stop! or average the trades.
3. 2% Risk Management Per trade.
4. Risk vs Reward up to 1:7.
Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.

Note: Everything works with Best money management.

Note: Please leave comments for any query.

Disclaimer: This is my trading experience, it is not an invite or recommendation to trade.

Best
Forextamil
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Good Luck…!!

09 Jul 2018 11:21 am 0 Posted by tamilforex

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