Swing trading set ups
1. Pin bar at 200EMA in daily TF
2. Stocks riding through upper Bollinger Band in daily TF
3. Hidden bullish divergence
4. Price at horizontal channel bottom
5. Anchor vwap support from past major swing low
6. Price retesting previous ATH after breakout
More from Aneesh Philomina Antony (ProdigalTrader)
U can guage the strength in the trend once u know how to measure the direction.
This trend strength is infact signals the trend continuity or the potetnial for sustanining the trend.
Thats great assurace to hav https://t.co/HanLvlXkjQ
Before making ur trade entry or even before making a bias of trend as either bullish or bearish, do u use any objective measures to define the trend based on price, volume and momentum?
— Aneesh Philomina Antony (@ProdigalTrader) May 15, 2021
Price will always go back and forth move no matter how strong the trend is.
1/4 pic.twitter.com/qqizh2JO3J
2772 - 4455
60% move
it made a fresh breakout recently and looks poised to make further gains
strong stock for huge gains https://t.co/bTizotDqHz
strong uptrending stock
— Aneesh Philomina Antony (@ProdigalTrader) April 4, 2021
unlikely to accumulate for further long
supply seems to have dried up#tataelxsi pic.twitter.com/btBiDgfxbt
1.Price structure - higher swing highs & swing lows
2. Momentum - doubled in last 250 days & trade close to recent highs
3. Demand - Higher volume on green bars
4. Volatility - Bigger bars on upside & shorter on downside
5. Relative strength - Outperforming market
Hello Aneesh, (1) apart from the volume supported HH-HL formation in ATH or 52 weeks high stocks, what other data point u see to shortlist scrip? (2) How do u estimate the holding period for the scrip? Plz guide
— Rohit Khanna\U0001f1ee\U0001f1f3 (@Rohit_MktWale) March 26, 2022
More from Screeners
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY
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