Based on the ICT trading method, the Swiggy chart is currently showing a Higher High (HH) and Higher Low (HL) structure. The first two counter-trend moves retraced 50% from the previous swing high to the recent swing low, providing excellent opportunities for optimal trend entries.
At present, the price is at 403, which marks a Break of Structure (BOS) on the chart, with a primary target of 427. If the rally continues, the trend could extend toward 460 as per projections. The stop-loss is set at 379 (recent low + buffer).
In the ICT method, the target is typically set at the previous swing high, as reflected in this chart. This strategy focuses on entering trades at the end of a counter-trend, offering low-risk entries with favorable risk-reward ratios.
Disclaimer: lnkd.in/gJJDnvn2
At present, the price is at 403, which marks a Break of Structure (BOS) on the chart, with a primary target of 427. If the rally continues, the trend could extend toward 460 as per projections. The stop-loss is set at 379 (recent low + buffer).
In the ICT method, the target is typically set at the previous swing high, as reflected in this chart. This strategy focuses on entering trades at the end of a counter-trend, offering low-risk entries with favorable risk-reward ratios.
Disclaimer: lnkd.in/gJJDnvn2
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.