roshan_salunke

roshan_salunke Updated 

Trade after breakout of support and resistance lines. Wait for retest.

roshan_salunke

Trade after breakout and retest of support and resistance lines.

roshan_salunke Updated 

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roshan_salunke Updated 

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roshan_salunke

Closed manually.

roshan_salunke

Target reached.

roshan_salunke

Profit booked.

roshan_salunke

As you can see, price were trading at 0.5 Fibonacci level. I was expecting, if price break that level it will go down, if not then it will go up. But most of the time it goes up and you can see the hammer was at that level. For our simplicity I removed fibonacci from my first post, so it looks clean.

roshan_salunke

Trade after breakout.

roshan_salunke

Perfect breakout and retest.

roshan_salunke

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roshan_salunke

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roshan_salunke

Trend line is broken and retesting. All charts are educational purpose only.

roshan_salunke

Target reached

roshan_salunke

Target reached

roshan_salunke

Breakout and retesting good set up for trade. All charts are for educational purpose only.

roshan_salunke

Looks good to enter a trade. Wait for breakout.

roshan_salunke

If you wait little bit, you will get good entry point.