BO is done on 1 Hour TF.
Risk Reward Ratio seems fit with 1:1.7
Multiple Factors in play:
1. Stage 1 accumulation done, stock entring stage 2 Mark-up
2. EMA crossover done.
3. Jump in volumes, an indication of a successful exit for Stage 1 accumulation.
Disclaimer: Education Purpose only.
Risk Reward Ratio seems fit with 1:1.7
Multiple Factors in play:
1. Stage 1 accumulation done, stock entring stage 2 Mark-up
2. EMA crossover done.
3. Jump in volumes, an indication of a successful exit for Stage 1 accumulation.
Disclaimer: Education Purpose only.
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