Always remember, Breakout and breakdown with low volume is of no use.
Yesterday I posted update on paras Defence.
It closed below previous day low and before that, it has given flag pattern breakout.
Both break out and breakdown happened with low volume. so strength was missing.
Today There's an inside candle formed on closing basis.
I am very bullish on paras defence in next 6 months, However waiting for a good correction till 1300 (+-20).
If it breaks today's inside candle in any direction with High volume, the it will be a good sign for trend ( up or down).
What should we learn here.
Longer the accumulation time, stronger will be the breakout.
Yesterday I posted update on paras Defence.
It closed below previous day low and before that, it has given flag pattern breakout.
Both break out and breakdown happened with low volume. so strength was missing.
Today There's an inside candle formed on closing basis.
I am very bullish on paras defence in next 6 months, However waiting for a good correction till 1300 (+-20).
If it breaks today's inside candle in any direction with High volume, the it will be a good sign for trend ( up or down).
What should we learn here.
Longer the accumulation time, stronger will be the breakout.
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。