trendline breakout setup

7 thg 9, 2022

buy above 395 for intraday and swing
for swing keep stoploss below 370 for target of 433, 490

for positional can add in dips till 360 and stoploss below 345 target 490, 590

For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.

Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis

NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.