This was a sample trade that can be taken on 18 August 2021. This trade was a pure technical trade.
Pre Analysis:-
Market Territory:- price traded under buyer's territory as shown on the chart below. thus this trade suitable for a long trade.
Trading Plan:-
- price went up aggressive, for entry we need a pullback.
- the pullback shown below.
- entry should be done after V formation & test phase that holding.
Post Analysis:-
- trade will give max 4R profit