As Describe In Chart
Support And Resistance
Lines Plot On Chart.
Once You Buy or Sell
Then Always Book Partial Profit.
Do Not Wait For Final Target.
Note: As We Seen Today After Opening Market Continue Sell Off In That Case Wait For Sometime To Take Entry In Either BUY Or SELL Side.
INTRADAY SETUP FOR FRIDAY, SIMPLE PICE ACTION-BASED SETUP.
WAIT FOR CANDLE CLOSING AND RETESTING BEFORE INITIATING THE TRADE AND PATIENCE IS THE KEY TO SUCCESS, RESPECT YOUR SL.
EVERY TIME YOU WILL NOT BE CORRECT, BUT IF YOU WILL RESPECT YOUR SL, THEN FOR SURE YOU WILL END UP IN PROFITS.
HOPE YOU LIKE MY IDEA, PLEASE LIKE AND FOLLOW, THIS MOTIVATES ME IN...
A breakaway gap occurs when the price gaps above resistance or gaps below support. Support or resistance, in this case, is often associated with a chart pattern, such as a trading range, triangle, wedge, or other patterns. Breakaway gaps often occur early in a trend and show conviction in the new trend direction.
How To Trade A Breakaway Gap?
The market moved...
It was a huge selling in COLPAL, due to result day today. It went down to test it bottom. Hope you had good sell trade. Both the pre-decided target achieved easily. As well as there were two bonus target, but most of might have get the one bonus target as well.
Simple trade setup for 30-07-2021
Since it has history as once it test the bottom and...
On daily chart - triangle (yellow line)
On weekly chart - channel - (purple line)
On monthly chart - (whitish line)
All are on same zone. Expecting some breakout soon.
Can be traded both the sides based on the trend lines.
Disclaimer - This is my own analysis and view. You might want to analyse yourself before trading.