16-03-2023 thursday

 

That was in a rising wedge and after giving a breakout at the downside, it took the propper resistance forming an evening star.

as well that was a good risk to reward ratio , i didn't took the trade from the evening star i took the trade when there was a breakout towards the days high and it was 10 point stoploss . It seemed like that was a bullish day whether it was not , and it was expiry day also, i took a approz target of 40 points . Traded with 2400 rupee and when i acheived only 10 point , the profit was running 440 rupees and i exited the trade. The trade was AT THE MONEY TRADE where i acheived the target latter even the target was only 40 points , it gave almost 80 points and i knew it according to price action but because of that was my first trade after a long time , i could not hold the trade according to me , i could have achieved 1500 profit almost 70 percent where i only achieved 20 percent . That was a big psychological problem whether i was happy after the first profit , i was not happy later when i saw the perfect price action move.