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Positional_Setup

Page history last edited by NimblrTA 1 year, 10 months ago

What is Breakout

 

Hyphen Candles

 

 

Drawing Breakout Lines

A breakout is a Candle's Body Breakout above the Body of the Range. Sloping Lines have no role here!

By Body, mean wicks not considered of the range. Illustrated below.


 

 

 

 

 

 

 

 

 

 

 

 

Position Of Gap

Position of Gaps either at bottom or above accumulation zone are best.

Gap within a uptrend gets filled. >5% Gap referred. Gaps retested for support has timid momentum.

 

 

ATH Gaps - Gaps that are above previous ATH are the most reliable of all the Gaps! Excel Industries in recent times !

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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