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Trade-in two-step having great risk vs reward ratio, L_TFH

Posted: 15 Jan 2020 10:04 PM PST

There are few stocks great to short sellers, TATASTEEL, BAJAJFINSV and L_TFH.

  • Expected tail.
  • Falling is always normally 40 minimum while U-turn.
  • This might an excess.
  • The price is currently out of the channel.


Observation:
The tail is a clear sign found while U-turn which is your trade confirmation odd.
Due to the falling wave, we are seeing normally 40 points.
Short 129-133 is the great range because the price is out of the channel.
A negative point for short-seller: Suppose to create an excess, then maximum price move 136 as per previous an excess.

Trade-in two-step having great risk vs reward ratio:
1) trade, Sell at 129
2) next trade should be, Sell at 133

Both trades have the same target as the first 112-109 and the next target is 103.

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