Trade rationale

Other – Study mentioned in Notes Below

entry= 212.4 sl= 205 target= 233.8 Flag And pole formation..... on 21st march , prices broke the channel and was also able to give a closing above the upper trendline.... on 22nd march it retested the upper trendline and gave a bounce back. expecting a min 10% return which is coinciding with the static resistance line. (1:2.75 R:R)