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HCL TECHNOLOGIES LTD
Atualizado
3 de jul. de 2020
Triangle Breakout!!
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30 de jun. de 2020
TRADING PSYCHOLOGY
: The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up.
BD
line will act as
resistance line
.
AC
line will act as
support line
.
when to trade
: The candlestick has to break the support/resistance line with increasing volume to confirm the direction.
STOP LOSS
: If the breakout is upwards then support line will act as stop loss.
If the breakout is downwards then resistance will act as stop loss.
PS
: This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days.
The accuracy of this strategy is 80%.
3 de jul. de 2020
Trade fechado: objetivo atingido
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