8338 Breakout pullback set up (Mr.14 Set Up)

2023년 6월 15일

Reaon for long
a) breakout pull back zone with all 2 indicators positive ( Rainbow, and supertrend long) and the price above 200 ema

these indicators are the speacific zone in the price action. confluence of these indicator along with price action like good engulfing candle ( in this case, it is bullish engulfing candle) indicating the bullishness.


b) breakout candle has good bullish volume candle and pull candle of bear candle has low bear volume,; This observation indicating the good bullishness in this stock. How so ever, this is only the probability game. Hence SL compulsory and mind the position sizing as the position sizing principles.

c) SL compulsory as QQE and Renko is negative

2023년 6월 16일

노트

163.4 above days closing is long

2023년 8월 4일

액티브 트레이드