SBIN : Simple trendline setup waiting for breakout
Hi All,
Its just couple of trendlines drawn over the highs & lows..nothing fancy here. SBIN is ranging for past few days so we are expecting breakout(expansion) soon, so whichever the direction breakout happens enter with proper stops. Being expiry day today it may give false breakout so be stingy about your stops.The same setup is forming in SBIN hourly also..check on higher timeframe...
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
Its just couple of trendlines drawn over the highs & lows..nothing fancy here. SBIN is ranging for past few days so we are expecting breakout(expansion) soon, so whichever the direction breakout happens enter with proper stops. Being expiry day today it may give false breakout so be stingy about your stops.The same setup is forming in SBIN hourly also..check on higher timeframe...
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
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