- It was a good R/R trade earlier but it went against expectation.
- AVWAP giving strong resistance and its become a sell on RISE trade.
- RS triangle is converging, there is a chance that downward sloping RS line might get hit, that would be the chance to exit.
- RS still at support. Hospitals are in good favor.
- Risk was set high due to the high volatility.
- AVWAP giving strong resistance and its become a sell on RISE trade.
- RS triangle is converging, there is a chance that downward sloping RS line might get hit, that would be the chance to exit.
- RS still at support. Hospitals are in good favor.
- Risk was set high due to the high volatility.
Trade closed manually
- the omicron threat seems to have evaporated.- much better opportunities lie elsewhere.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.