Tata Motors [Intraday/Swing] Low Risk - High Reward Setup

Because wedge patterns converge to a smaller price channel, the distance between the price on entry of the trade and the price for a stop loss, is relatively smaller than the start of the pattern. This means that a stop loss can be placed close by at the time the trade begins, and if the trade is successful, the outcome can yield a greater return than the amount risked on the trade to begin with.

Ordre annulé:

Tried to breakout twice , but no retest of trendline = NO TRADE