Rational: Sector is outperforming the overall market. On Day TF:
1. Breakout after around 3 months.
2. Expected to continue previous uptrend after a pullback and accumulation.
3. Breakout of important level with strong candle supported by substantially high volume.
5. Entry above the high of breakout candle & SL to be the low of same candle; hence SL would be less than 5%.
6. Trail profit with 9 EMA.
1. Breakout after around 3 months.
2. Expected to continue previous uptrend after a pullback and accumulation.
3. Breakout of important level with strong candle supported by substantially high volume.
5. Entry above the high of breakout candle & SL to be the low of same candle; hence SL would be less than 5%.
6. Trail profit with 9 EMA.
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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.