DELTA | bullish flag continued | breakaway candlestick breakout

dukeposh Updated   
Price action and chart pattern trading setup
> Bullish Flag sideway down continued - speculative trading entry setup
> Breakaway candlestick breakout on day timeframe setup
> 1st entry at pullback breakaway candlestick
> 2nd entry at pullback gap
> target at SMA400 or slightly above SMA50 at near volume profile point of control
> stoploss at the lowest banker chip entry
> risk ratio: 2:1 for short-medium term trade 2 -3 weeks

> strong volume support - smart money
> banker chip volume entry at the lowest
> banker fundflow reversal coming out of oversold area
> BBD signal positive golden cross above baseline
> KDJ sto - rebounded showing bottom signal

Always trade with affordable risk and respect your stoploss
Trade closed: target reached:
I am out at a trailing stop just below the target upper channel. See you again next time.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.