As we can see market was moving between blue channel, But at red circle, it broke the previous low and then from there it started to gain momentum in opposite direction, and breaks previous high at Line A.
As we can see price is consolidating between the lines, But it is clear that,it started to follow orange Line instead of black Line.
Focus on how price behave just before going upward.. Here Trend completely changed from downtrend to uptrend, but before the start of major uptrend, price broke the previous low, from there it started to move up.
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of last candle
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of candle
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of dogi candle.
On stock edge weekly breakout analysis, price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade in downward direction instead of up direction of breakout of weekly time frame.
On stock edge weekly breakout analysis, price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade in downward direction instead of up direction of breakout of weekly time frame.
Stock has made a new high in weekly time frame. To take the right entry, we come down to 2H time frame and draw respective trendline. After drawing proper trendline, set alert on it. Wai for the price to reach at trendline, for better entry
Enter in opposite direction, whenever Price breaks horizontal level and Retraces in 1_2 Candles.
Took trade in Tata Steel at yellow point, breakout of horizontal line , but it came back. Never take trade Just after breakout, Wait for price to Reach the trendline or take trade in Opposite direction of breakout.
Took trade in Tata Steel at yellow point, breakout of horizontal line , but it came back. Never take trade Just after breakout, Wait for price to Reach the trendline or take trade in Opposite direction of breakout.
asian paints was consolidating in rectangle Box. It given a Breakout (as we can see in yellow circle.) We entered at the Breakout, but the entry was wrong. Just after Breakout price came back to zone, Causing us huge loss. I Was waiting for Price to recover But it didn't.
price given a fake Breakout in TATA motors chart,I took entry and made huge loss.
As we can see, Price Given a Breakout & in weekly it is clearly closing above the horizontal level, But we are not Supposed to enter when Price Breaks the level, we Should wait for The Price to close above the Previous high. in one hour we can See, it Never Broke the previous candle high. wrong entry.
As we can see, Price Given a Breakout & in weekly it is clearly closing above the horizontal level, But we are not Supposed to enter when Price Breaks the level, we Should wait for The Price to close above the Previous high. in one hour we can See, it Never Broke the previous candle high. wrong entry.
AS we can see Price is Ready to Break The trendline. as soon as it Breaks, we can ENTER in the Trade for upside MoVE.
AS we can see Price is Ready to Break The trendline. as soon as it Breaks, we can ENTER in the Trade for upside MoVE.