Delta Corp - rectangle pattern can also act as a reversal/continuation pattern. Post breakout, the target of the rectangle is the height of the rectangle projected upwards from the breakout level. One of the simplest patterns to trade is due to its horizontal boundaries.
More from The_Chartist 📈
✅✅ https://t.co/MtJOLfpzYj
Laurus Labs - I am waiting till 3:15 PM to get confirmation of closing above 700 to add more of it in my portfolio. \u2705\u2705 pic.twitter.com/UxZCuxhuIX
— Steve Nison (@nison_steve) August 9, 2021
Russell 2000
It is better if you spend considerable time learning these concepts. https://t.co/caBHOO4Owa
TRAPS? In a false breakout, the price breaks out of the range & comes back within the range. A trap is one step ahead, price not only comes back within the range but breaks down in the opposite direction. It traps the initial longs who didn't close their positions
— The_Chartist \U0001f4c8 (@charts_zone) January 22, 2022
Russell 2000 pic.twitter.com/txzjdnStzc
This exercise will tell you about your inherent strengths & weaknesses. 👇👇
How to record a trading journal (TJ) & what to analyze?
— The_Chartist \U0001f4c8 (@charts_zone) December 14, 2021
What is in a TJ?
Buy Date
Stock Name
The time frame you analyzed (D/W/M)
Long/Short?
Buy Price
SL
Sell Price
Risk took (% of capital)
Sell date
No. of days held
P/L
P/L as % of capital
Buy Reason?
Invested capital/trade pic.twitter.com/WnrvmYuOV0
More from Deltacorp
From 108 to 320
Almost 3x
Now looks ready for #ATH
Sabka time aata hain. Only needs patience with #PriceAction
@Rishikesh_ADX https://t.co/8xzh8VGMi9
#Delta corp
— jitu (@Jitendra_stock) August 7, 2020
Only listed Casino company
Due to lockdown, waiting for unlocking
Weekly higher high
Upside 130 to 150 pic.twitter.com/f0qJpIYpNL
Now above Fibonacci retracement
0.618%(268) and likely move higher towards next Fibonacci retracement level
0.786(327 ) and than ATH cross.
#Probability
DELTACORP
— Waves_Perception(Dinesh Patel) Stock Market FARMER (@idineshptl) August 13, 2020
116
Just a perspective pic.twitter.com/Qymzx8VfsR
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