This thread is to record all breakout trades that are seen, and/or taken.
4 hour charts.
Rules
Context: trend as defined by the moving averages being in correct order
Setup: Horizontal Line, touching on 2 points, + buildup right on the line. Or a horizontal stalling of price in a strong trend with at least 9 candles in the sideways action.
Signal: Price crossing the line.
Oscillator: Not Relevant.
This is a trading journal. If you have questions, please PM me and I will follow along. Please do not post your charts in my journal.
4 hour charts.
Rules
Context: trend as defined by the moving averages being in correct order
Setup: Horizontal Line, touching on 2 points, + buildup right on the line. Or a horizontal stalling of price in a strong trend with at least 9 candles in the sideways action.
Signal: Price crossing the line.
Oscillator: Not Relevant.
This is a trading journal. If you have questions, please PM me and I will follow along. Please do not post your charts in my journal.