📈Aspiring Swing Trader | 🕰️ Learning from the Past, Earning in the Present |🔄 Turning Market Swings Into Profits |💰Passionate About Financial Freedom |
Starting a new Chart Series " #BasetoBreakout "
The idea is to find names that show exceptional base quality and then demonstrate real urgency to move.
Parameters :
- Quality and orderliness of the consolidation.
- Building Position at Lower Side of Base ( Catching Young Trend )
- How price behaved while building the base.
- What volume did during the breakout.
- How the stock behaved after the initial expansion.
- Whether it sustained a strong trend without repeatedly losing the 20MA.
The bigger objective is to identify names that delivered 30–100+% moves while staying above the 20MA throughout the major part of the move.
I've already shared hundreds of examples around Flags. Now I am Ready to Do this again for folks who want to sit on Bigger % move.
Note: I trade stocks that are already going up.For my long-side trading, the core idea is simple:Buy High. Sell Higher.
So, across all of the names we study, there is already persistent prior buying and an established upward trend.I'm not interested in finding stocks that are falling and trying to predict a reversal.That's the foundation of this entire chart series. Momentum strategies are fundamentally built around buying relative strength and participating in established trends rather than trying to call bottoms.
Suggestions for additional parameters are welcome. Let's build the study together.
💫✨Golden opportunity to utilize this Market correction to become Pro at spotting 5 Start Trading Setups
From my chart bank of around 2000 charts have selected 21 best looking 5 star chart setups so that you all can see how 5 star setups look like 👇
Detailed Thread🧵 1/6
1⃣Strong first leg up:
Multiple wide-range expansion bars accompanied by heavy volume, signaling institutional interest.
1⃣Strong first leg up:
Multiple wide-range expansion bars accompanied by heavy volume, signaling institutional interest.
3⃣Breakout:
Price and volume expand as the stock pushes out of the consolidation range.
If get decent response will post next 21 best 5 Star setups
Like , Repost.......
Follow @pheonix_trader for more such content.
✅ 5 Star Trading Setup Model book📊 is Ready.
✅You can get this model book just
✅Like , Repost...... as good info deserves to reach maximum people
Follow @pheonix_trader
✅DM me for the model book.
Everyone’s obsessed with perfect entries.
But exits make you rich.
I don’t care if you're 5% in profit or 50%.
If you don’t master the exit psychology, you’re gambling.
#StockMarket#sharemarket#Nifty#sensex#RPOWER