bpcl about to give a breakout
Chart is self explanatory.
Just for education purpose, points to be noted
Note: This chart is for educational purpose only!!
Just for education purpose, points to be noted
- In this type of formation an entry is typically taken when the price breaks out.
- Buying happens if the breakout occurs to the upside, or short/sell happens if a breakout occurs to the downside.
- A stop loss is placed just outside the opposite side of the pattern.
- For example, if a long trade is taken on an upside breakout, a stop loss is placed just below the lower trendline.
Note: This chart is for educational purpose only!!
注释
Activated yesterday, let see how this study performs注释
climbing towards second target!交易结束：到达目标
SECOND EDUCATIONAL TARGET CLOSED!
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