ロング
Trading an Inside Bar After a Triangle Breakout - Continuation
Century Textiles - Risk-Reward Ratio 1: 4.80
Long Above 345
Stop-loss 325
Target 438
Century textiles broke out of a symmetrical triangle recently. It formed an Inside Bar today after a strong up move yesterday.
Two or more up days prior to inside days or bar increases the probability of upward momentum to continue after a breakout.
Trading With Inside Bars
Inside bars/days represents volatility contraction and a temporary pause in ongoing momentum.
Inside bars can be traded with the trend or at the time of trend reversal.
There are many variations in Inside bars. I'm not gonna write an article here explaining Inside bars. Just Google it.
The idea is to go long above the high of yesterday's strong up move. Expecting the upward momentum to continue after today's inside bar formation or today's pause in momentum.
Long Above 345
Stop-loss 325
Target 438
Century textiles broke out of a symmetrical triangle recently. It formed an Inside Bar today after a strong up move yesterday.
Two or more up days prior to inside days or bar increases the probability of upward momentum to continue after a breakout.
Trading With Inside Bars
Inside bars/days represents volatility contraction and a temporary pause in ongoing momentum.
Inside bars can be traded with the trend or at the time of trend reversal.
There are many variations in Inside bars. I'm not gonna write an article here explaining Inside bars. Just Google it.
The idea is to go long above the high of yesterday's strong up move. Expecting the upward momentum to continue after today's inside bar formation or today's pause in momentum.
トレード稼働中
ノート
Price went to 387 from 344, And now SL hit. Any single tick below Stop-price is SL hit. No waiting and, no watching. Trade is closed.
One can use trailing stop-loss according to risk appetite.
トレード終了: ストップロスに到達
関連の投稿
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。