biswapriyo90
Long

Assending Trianle Breakout

NSE:MOTHERSUMI   MOTHERSON SUMI SYS
65 6 1
1st Target-380
2nd Target-390
Stoploss-329
Comment: SORRY FOR LATE UPDATE STOPLOSS REACHED
Comment: TRADE CLOSED
can you pls explain how the sl of 329 is calculated. Is it the trendline?
Reply
@Jay03, I am always placing my stoploss little below of breakout candle
Reply
Jay03 biswapriyo90
@biswapriyo90, Thanks for the reply. can we use the same logic in the hourly breakout candle also.
Reply
@Jay03,It works in all timeframe from 1 min to monthly candle
Reply
Jay03 biswapriyo90
@biswapriyo90, Thanks a lot.. New learning today.
Reply
@Jay03, welcome buddy
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