1) jswsteel break the trendline with volume 2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern 3) Uptrend Is continuing and Trendline break 4) All the possible support & resistance is mentioned on the chart
Guys check out the related ideas as well, it will worked really well !
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@tradethetip, that is why i always wait for a pullback or a retest on trendline
ReviveTraders
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@Debmitra, even i 'm thinking the same i 'll wait for retest
Debmitra
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@tradethetip here is a small advise from your younger brother, once a candle crossed the trendline switch to smaller time frame and look for a pinbar or engulfing candle, once located place the trade, i use 30 min to 1 hr candle for trend confirmation and 10 min candles for entry confirmation
ReviveTraders
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@Debmitra, thank you very much i'll try this .....keep commenting
Debmitra
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waiting for a pinbar and engulfing candle in smaller time frame paid off
lesson learned : always wait for an entry confirmation at smaller timeframe in breakout, do not immediately get into the trade.
ReviveTraders
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@Debmitra, as you as.... today i 'm waiting exactly like that...it's really worth waiting