Tata Motors - Price Action

28 ביוני 2020

Chart speeks for itself.

29 ביוני 2020

הערה

Wait for reversal from lower parallel

30 ביוני 2020

עסקה פעילה

long initiated

30 ביוני 2020

הערה

at 98.75, stop loss is 90; we are looking for risk reward of 1:5 or more.

2 ביולי 2020

הערה

Move stop loss to cost@ 98.75, previous swing high breached.

3 ביולי 2020

הערה

Market moving in our direction. Depending upon market structure,SL will be modified. Profit target is upper parallel or beyond, depending up on market structure in coming days. Risk reward less than 1:5 is bad.

14 ביולי 2020

עסקה פעילה

Second entry @105

18 ביולי 2020

עסקה פעילה

shift stop loss of both first and second entries below last swing low @ 100

5 באוג׳ 2020

הערה

Breakout of symmetrical triangle consolidation pattern; and satisfied the level (roughly 3%, same as head and shoulder breakout - as per classical chartist Edwards and Magee). Move Trailing stop loss to 110, last swing low.

7 באוג׳ 2020

הערה

Range break out and Price consolidation in energy coil. more upside in coming days, keep strick stop loss at 110, no need to move up. Risk reward in this trade weill be very high. if we are lucky we may see 1:20 or more because we are looking for doubling of ranges.