How to find real breakout on chart by hitradeofficial

By hitradeoffical

Updated on:

This stock is giving best return in stockmarket

About this image :-

 

This is a chart of PCBL stock and in this chart you can see a price is moving in a range and than after some time a breakout is form and than also retest and than a get good target and in this post we learn how to find a good movement and identify price action. So welcome to this post keep learning this post because in this post we learn lots of new things.

How to draw a best trendline :-

The best trendline draw with the simple method and today in this post we learn these all the methods with the help draw trendline and now first to first you need a chart where you draw best trendline and than you see chart properly and than see where price is repeated you find that point and than also you need to find at lest three point and than all point is in a line than with the help of these post you draw a trendline if you have also doubt than you can our image and here we draw a good trendline and than also you have any doubt than you can mail on me Gmail. 
 

How to test trendline is good or not :-

The our question is how to test trendline is good or not and in this topic the main word is good I thing all you know what is good now to talk about good trendline means when you draw trendline and if respect your trendline and follow it than we can say that this is a good trendline like that when you draw trendline when to try to draw box type zone not only line so when zone you draw than this is called good trendline. This way you can test this trendline is good or not.
 

When we can execute the trade :-

The answer is that you want to execute trade than must you have to when you can execute the trade and in this topic we learn when we can execute the trade with the help of this pattern now you learn carefully first to first we have to wait for any movement like that any breakout that’s means trendline breakout when the trendline breakout is done than we take action note this point we tell only take action not buy and sell in this post and than wait for retest or any candle sticks formation because you know what we always tell you that don’t trade on first breakout if you don’t know than you can read our more post may the first breakout is trap so don’t buy any sell on first breakout and than when any candle sticks or price action form than according to this price action you can buy or sell. This way we can execute the trade.
 

Learning of this post :-

The most learning of this post is you need to see daily chart because you all know that our mind recall any point so if you see more chart than in your mind there are lot of chart and when you are in live trading or live market than you need to experience so that time you practice is more important and that time help your mind so we need more practice in trading field this is the whole learning of this post.
 

Thank you for this post and for more update you can follow on YouTube.

 

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