ITC LTD
Éducation

Real-World example of Price ROTATION trade and accurency

Mis à jour
Keep your stop loss Outside of a penetration area.
The trade will execute after breaking up/down will give you the direction of trade.

Following points should be observed before entering to trade.
  • 1) Volume should increase from the normal range of it.
  • 2) The volume with the price. For instance, if down-breakout, price fall with raising volume will favor of your trade direction.
  • 3) Take price when price heavy surge in volume, because of most of the trader book the profit at that time.
  • 4) Read price but not news or other talks.
  • 5) etc.


If you want to get UPDATE/ALERT when a breakout, LIKE this post.
Note
ITC is still in price rotation and first touched to uparside penetration.
Trade fermée: ordre d’arrêt atteint
I hope you learn from it. after up penetration, we have seen fall.
Trade fermée: cible de profit atteinte
Beyond Technical AnalysisbreakoutconsolidationpricerotationtradetradeactionTrend Analysis

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