1.)MACD zero crossing
2.)Price action breakout
3.) RSI break
Volume is missing however. This is one of the most important characteristics of a break out in my opinion and it is missing here.
If volume was present I was say that this is a high probability trade. I will not consider entering until volume steps in.
Today's candle doesn't look to strong.
Normally this is one of the best breakout setups for me. However key parts missing here.
I will follow this one closely and do a follow up analysis on this one. Always good to learn
2.)Price action breakout
3.) RSI break
Volume is missing however. This is one of the most important characteristics of a break out in my opinion and it is missing here.
If volume was present I was say that this is a high probability trade. I will not consider entering until volume steps in.
Today's candle doesn't look to strong.
Normally this is one of the best breakout setups for me. However key parts missing here.
I will follow this one closely and do a follow up analysis on this one. Always good to learn
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Note that I should have drawn a S&R line at $35.27
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