ADANI GREEN ENERGY LTDUpdated BREAKOUT TRADING JOURNAL CASE-1
ADANI GREEN ENERGY
IN A-B-C CORRECTION
BUY should be above point B breakout. (In this case we have got no clear breakout)
Point to be note is we have got good green volume days than red days.
Stock price should be above 30 Weeks M-A.
BUY ON CLEAR BRAKOUT BULLISH CANDLE.
S-L- BELOW, previous candle low.
RSI must be above 50.
Once breakout confirmed-
Focus on candle stick patterns for valid entry points on daily time frame. (whenever you get engulfing entry triggered.)
IN A-B-C CORRECTION
BUY should be above point B breakout. (In this case we have got no clear breakout)
Point to be note is we have got good green volume days than red days.
Stock price should be above 30 Weeks M-A.
BUY ON CLEAR BRAKOUT BULLISH CANDLE.
S-L- BELOW, previous candle low.
RSI must be above 50.
Once breakout confirmed-
Focus on candle stick patterns for valid entry points on daily time frame. (whenever you get engulfing entry triggered.)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.