My Trading Strategy for Swing Trades
I used this strategy to find a strong reversal with a 1:5 Risk & Reward Trading Setup
Last, I have discussed 5 stocks in which this pattern forming
A Mega Thread π§΅
I used this strategy to find a strong reversal with a 1:5 Risk & Reward Trading Setup
Last, I have discussed 5 stocks in which this pattern forming
A Mega Thread π§΅
When stock is in a sharp downtrend clear fall with big red candle
The first strong sign of reversal is this bullish trendline Breakout
Here's a breakout of the Trendline:
The first strong sign of reversal is this bullish trendline Breakout
Here's a breakout of the Trendline:
Pattern Formation:
π We will wait for a strong downtrend in stock to start falling after that we will try to identify 3 resistance points
π We need a minimum 3 resistance points from that level price fall
π Mark these 3 points & make a trendline whenever this trendline breaks with Strong Green Candle We can take an entry
π We will wait for a strong downtrend in stock to start falling after that we will try to identify 3 resistance points
π We need a minimum 3 resistance points from that level price fall
π Mark these 3 points & make a trendline whenever this trendline breaks with Strong Green Candle We can take an entry
Entry & Exit in Trendline Breakout:
π Entry should be after the Breakout with a Strong Bullish Candle like this example
π Stop-loss should be the low of the breakout candle or the low of the previous candle of the breakout candle
π Target should be the starting point of this trendline
π Entry should be after the Breakout with a Strong Bullish Candle like this example
π Stop-loss should be the low of the breakout candle or the low of the previous candle of the breakout candle
π Target should be the starting point of this trendline
Breakout & Retest:-
Some times we can see the Retest the trendline after Breakout
Some times we can see the Retest the trendline after Breakout
Posted in my Free Telegram
Divislab I posted on 29 Marchπ
In just 3 Months stocks move 35%
Divislab I posted on 29 Marchπ
In just 3 Months stocks move 35%
Bank Nifty Example Trend Line Breakout
Risk Management:
Risk management is very important no matter what strategy you are using
Max Stop loss should be 2.5%
RR goes up to 1:4 and above as well
First back test this on 100 charts & after that trade with only 10% of capital after getting confidence & conviction then only trade this setup
Risk management is very important no matter what strategy you are using
Max Stop loss should be 2.5%
RR goes up to 1:4 and above as well
First back test this on 100 charts & after that trade with only 10% of capital after getting confidence & conviction then only trade this setup
5 stocks in which this pattern formingπ
1. AAVAS MONTHLY CHART
1. AAVAS MONTHLY CHART
2. ANDHRA SUGAR MONTHLY CHART
3. BAJAJ FINANCE WEEKLY CHART
4. BORORENEW DAILY CHART
5. DLF DAILY CHART
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β Intraday Strong Stock Breakout & Patterns
β Weekend Swing Trading Technical Chart
β Built the Right Mindset for Investing and trading
β Nifty & Bank Nifty Intraday Support & Resistance with Analysis
β Stocks Weekly & Monthly Strong Breakouts
Join II t.me
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