We are onto the 10th trade of swing trading
Now the last time our stop-loss was hit. We exited the trade and initiated a buy trade at 113.75 as we are seeing a reversal from the current support level with stop-loss at the bottom of the green candle.
Now after consolidating for few days, it rose and we updated the stop-loss to the low of previous day candle.
As we can see it was again consolidating so we move our stop-loss to the low of the red candle.
We see that it has moved upward and broken the previous swing high so we move the stop-loss to the level of the swing high.
Our stoploss was hit at 117.5.
VERDICT – The Profit of 25200.
For further reference – Ashok Leyland Swing Trade 10