ECLERX - SWING TRADE - 14th January #stocks

ECLERX (1D TF) - Swing Trade Analysis given on 14th Jan, 2024

Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress

#stocks #swingtrade #chartanalysis #priceaction #traderyte #eclerx

Trade closed manually:

ECLERX Update - 19th Jan, 2024

- Exiting this trade for now at cost
- Will re-enter when there is a better RR
- Or will re-enter on the lower trendline extended to give a better RR

#stocks #swingtrade #chartanalysis #priceaction #traderyte #ECLERX

Trade active:

ECLERX SERVICES (1D TF) - 1st Feb, 2024

Trade Re-entered
- Breakout of the previous resistance marked
- Stock took clear support of the lower trendline (extended) and moved back up
- Small SL with a better RR
- Focussing on same target levels

#stocks #swingtrade #chartanalysis #priceaction #traderyte #ECLERX

Trade closed manually:

ECLERX SERVICES (1D TF) - 5th Feb, 2024

- SL Hit (2.5%)
- Closed out this trade

- Should have waited till EOD to see if the stock takes support on the lower trendline
- However, sticking to my trading rules for now

#stocks #swingtrade #chartanalysis #priceaction #traderyte #ECLERX