Here are a few setups that I use in my day to day trading. They work well in all the timeframes and in all types of markets. I am only showing bullish scenarios due to space constraint but one may also look for bearish scenarios which work in the same manner. Like Down trendline or Downward sloping channel; downward sloping MA; breakdown of a range; and price...
Presenting a small guide on how to trade breakouts from trading ranges. This trade has already happened, but similar ones can give wonderful profits! Comment, like and share...
NSE:MFSL is currently in a trading range. One can trade for the upper/lower end of the ranges here.
Clearly NSE:UBL is in a range. Today's action is indicating the test of the lower end of that range.
Currently the stock is in a defined range. One can use these levels for trading purpose.