Breakouttrading
DATAMATICS - Breakout TradingView : Bullish
Entry Zone- 700- 650
Exit - 760 above
Stoploss : Close below 630
Risk/Reward Ratio: 1:1
Timeframe: Daily and Weekly
Notes: The trendline has broken out of the triangle, and the price is now above the narrow monthly CPR. The price has been consolidating since May 2023.
* This is not a trading recommendation, for educational purposes only
2 Amazing swing trading ideas for 24 December MarketsI daily make educational content videos for swing / positional trading
The first stock which is Raymond, is making a symmetrical triangle pattern, It is a volume-based price action and pattern trade idea, its also making a parallel channel which is important to watch before the big breakout candle comes ( if at all )
The second stock, Star Cement, is making a random pattern but more of a solid volumes and price movement type trade. It needs the breakout of my hidden line resistance to be on a weekly time frame.
Follow the Risk management rules and good luck trading.
2 Amazing swing trading idea for 20 December MarketsBoth are Breakout trading ideas. One has a nice volume cluster concept along with a nearby hidden line. The other seems like a sleek price action pattern on a weekly time frame but needs closing on Friday. Make your journals for the same, and let's observe the charts tomorrow.