Karthikeyan (கார்த்திகேயன்)
Karthikeyan (கார்த்திகேயன்)

@karthimaths

8 Tweets 21 reads Jul 30, 2023
Positional / Swing trading Strategy
✓ Time frame : Monthly,
✓ Entry Level:
a). After closed/Retest Resistance zone,
b). After crossed Breakout,
c). Support zone ( After Taken support & reversal candle formed).
🧵 1)
When to Exit :-
This levels remaining same upto end of the year.
So, we can enter after breakout / retest and hold rest of the year with SL of previous candle low.
OR, Exit Monthly RSI crossed above 80+.
🧵 2)
Indicator :
AUTO GOLDEN RATIO S&R
Available in tradingview with free of cost.
Set up this as mentioned below images.
Use only R3,R4,R5 & S3,S4,S5 in Daily/ Weekly & Monthly setup.
⭐ It's not repainting the levels.
🧵 3)
We can use this indicator in multi time frames,
✓5,15 mins - Intraday,
✓Daily & Weekly - Short term/ Swing
✓Monthly - Mid/Long term
Can use with any of your favorite indicator / moving average for additional confirmation.
🧵 4).
Before invest/ trade using this setup, do some back test and observation for recent breakout stocks.
🧵 5).
#stockstowatch
Make a watchlist of Monthly breakout stocks as like mentioned below.
Check the stock performance..
🧵 6).
#StockMarketindia
#StockMarket #trading #investing #StocksInFocus #BREAKOUTSTOCKS

Loading suggestions...