See old trade charts of mine to compare what I needed for this breakout and how things turned out on our side :) Now it is resting on the gapper support we have there + trendline too soo seems quite bullish to trade on with a small risk a good bullish candle tomorrow = trade on a daily close above 1500 round lvl = biggi break for further upside for this month...
well, I hope someone made some money here. :) Happy trading :)
A simple trade | Good Risk to reward as well :) I hope this series helps people to trade alongside me in breakouts i see and read :)
Be free to ask anything and suggest more :)
Well, I am a learner so whatsoever I learn and think I will post from now and will try to capture those moves in the future with u all :) Everything I thought about Take solutions trade is written on the chart :) Make sure you like and follow me here if u love the content and want more.
Although the risk is huge but small qty can be traded onto this ..... upside of more than 20 to 30% IN NEAR MONTHS :) as the lvls suggest Happy trading :)
big flag pattern breakout :) good consolidation and now a good closing ....
Big breakout ... buy only at days close above both the blue trendline + the green line ( monthly resistance )...
See the last analysis charts ...
Seems ok to trade on with 4% risk :)
Lets goo finally out of the down channel ... time to trade it :) manage your risk... positional hold till the near time high and SL can be near time low.
LOOKS GOOD TRADE WITH PROPER RISK MANAGEMENT ELSE DONT
Chart is telling a really good story :)
This is no coincidence that somewhat a head and shoulder patterns neckline + falling trendline + a very crucial volume-based traded area all broken and closed with a bullish candle on the day .... JK paper seems to be rocking in a few days. Risk = 4% . The reward depends on how much patient u can be :)
A possible Buy with a small risk of 2% and a good move awaits ahead :) Trade according to your risk and emotions and plan accordingly. This is just a mere glimpse of what possible move can take place. Happy trading :)
A weekly supportive level with a daily trend line that too supportive if both broken downwards cant give u good momentum unless a big gap down takes places with follow-up selling on it making it a gap down power candle (RED). Well, we can't see that happening here + it also has good resistance on the upper = it needs a big (green) candle power one with volumes...
As analysed previously .. gave a good bounce back and a potential breakout is near :)
Tech analysis has been done right .. time to take action with risk management and get the trade on time :) Happy trading :) The violet spots shows the higher lows made with respect to a great consolidation and now a little breakout done near resistance .... tgts are heavy with low risk :)