All the details are mentioned on the chart -->Wedge Formation breakdown -->SL on 2nd resistance -->Entry on retest -->Overall good setup. Except Buyers are in control till now But this SL worth the shot
Managing the trade: If the trade goes in our way *Exit half Quantity 1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING THE CAPITAL SHOULD BE YOUR FIRST PRIORITY. *NOT A SUGGESTION VIEWS ARE FOR EDUCATIONAL PURPOSES
I will be updating
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As an intraday setup I exited this by EOD cost to cost