RELIANCE SHORT

A BULLLISH MARUBUZO IS A VERY BEARISH CANDLE AND COUPLED WITH ALL TIMES HIGH RESISTANCE
THIS ADDS TO THE CONFLUENCE OF IDEAS TO TRADE RELIANCE SHORT
THIS TRADE GIVES A VERY GOOD RR AND ALWAYS TAKE A TRADE WITH GOOD RR IT IMPROVES OUR TRADING IN THE LONG RUN.
A BULLISH CANDLE ABOVE THE RESISTANCE WILL CANCEL OUR TRADE IDEA AND THEN WE NEED TO EXIT OR TAKE ALONG POSITION.

Kommentar:

SO WE HAD OUR TARGET HIT YESTERDAY AND THEN RELIANCE BOUNCED BACK FROM ITS SUPPORT AREA.
BOOKING PROFITS IS CRUCIAL FOR A TRADERS SUCCESS.