I daily make educational content videos for swing / positional trading
Ascending triangle breakout with volume spurt Trading above EMA50 RSI above 70 and rising
📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF ASHIMASYN :- •Breakout of symetrical pattern on WTF with strong candle •Break counter trend line and hidden lines •Volume increases last few weeks high...
Reason for long a) MacD buy signal b) pattern breakout possibility c) volume hike supported by price hike
When price break any well defined boundary above 200 Day Moving average with high Volume and sustain then high probability price continue the trend . Our work is only Manage Quantity and Risk . SL- as per your risk appetite ( Below today's candle low or below 200 DMA Closing)
Duration: 1 year SL Compulsory volume supports price hike fundas okay ,but not great
Ashima Synthetic can give easy 10-20% from here @ 16.8
📌 Only for Educational Purpose. 📌 This idea is part of the experiment to figure out if technical patterns work on fundamentally weak companies too. I'll trade it with a very tight stop loss. ☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!