12119 Long term wave 3 target 124 123

trade thesis
a) Wave 3 target is 124123
b) Triangle breakout possible
c) channel support
d) good risk reward zone
e) SL compulsory

Trading mindset requirements
a) You cannot be wrong all the time
b) Acceptance is the first criteria to become trader
c) risk of any trade should not induce any emotions
d) you should be comfortable with the short term losses and drawdowns and it is the part of any business.
e) Focus on process and not on outcome


Chart Patterns

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