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bpcl about to give a breakout

Chart is self explanatory.

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!!

Not
Activated yesterday, let see how this study performs
Not
climbing towards second target!
İşlem kapandı: hedefe ulaştı
SECOND EDUCATIONAL TARGET CLOSED!
hardeepssethi
BPCLbreakoutsChart Patterns
hardeepssethi

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.