How to trade breakouts ( Pt.2)
Updated
I am a semi-systematic trader and my pattern scanners will more often than not look for the same patterns. After my MHRIL trade, this one is slightly different although the underlying principles remain the same. So every trade posted here will have nuances that must look out for in a breakout trade and I will try my best to explain them.
Trade active
Target is hit but forced to wait due to short delivery issues.Trade closed manually
Closed at 1.6R profit because the markets are in a precarious position and I would like to hold cash.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.