Thread On Pullback Trading

Here is The Thread On Pullback Trading In Which I Am Going To Share My Setup

It's A Simple Set-up But Results Are Awesome

If You Find It Useful Kindly Share & Retweet ❤️🙏

Special Thanks To @vivbajaj

@kuttrapali26 @caniravkaria @Puretechnicals9

Set-up Requirements :

1.) 21 EMA
2.) 55 EMA
3.) 100 EMA
4.) 200 EMA

In Mostly Cases 21 & 55 Ema Are Enough.

We Should Know Basic Price Action And How To Draw DnS Zone On Charts.

So From Last Two Motnhs Market Is Non Directional And Trading In Tight Consolidation. So Maximum Stocks Are Also Not Moving Too Much And We Didn't Witness Any Follow Up Buying After Breakout.

Here It's Not Mean That Breakout Are Failing But After Breakout Stocks Are Not Moving Up Strongly.
Stocks Are Going To Retest Breakout Zone With Low Volume Activity.

So Let's Take A Simple Example :

If A Stock Gave Breakout @ 100 Level And Stock Closed Near 110. Many Retailers Will Buy At Closing Time So They Bought At 110.