Kwr mcx crude oil day trading diary

[KWR]

1st trade for CRUDE

BUY CRUDE AT 5985 S/L 5972 T/G 6015/6033

entry based on this chart

 

[KWR]

1st trade for crude

buy crude at 5985 s/l 5972 t/g 6015/6033

book loss at 5972

 

[amitrandive]

entry based on this chart

KWR

Just posting my views.

It looks like you tried to trade on a Wolf wave that you have drawn.
If this was the case you need for the price to cross 6000 and test 5994 as a support for it to go up and hit the target of 6033.For this you also need of other indicators and not only depend on one pattern.

Also please remember that the market has its own mind.It may or may not follow your Wolf wave.

Our as traders is primarily to trade the trend and not predict by the patterns that we draw.

I am not an expert ,so posting the setups for the Wolf waves.

 

[KWR]

Ok amit ji