🔹 Counter Trendline Breakout (CT BO)
Price action has broken a well-respected counter trendline, indicating a potential shift in momentum from bearish to bullish. This breakout isn’t just symbolic — it's backed by conviction.
🔹 Volume-Based Confirmation
Today's bullish candle comes with significantly high volume, suggesting institutional activity and strong buyer interest. Volume is one of the most critical confirmation tools in breakout trading — and it's speaking loud and clear here.
🔹 Low → Higher Low → Breakout
A major Low was established earlier.
Price then formed a Higher Low Zone, indicating accumulation and a potential trend reversal.
The breakout candle confirms the Higher High – Higher Low (HH-HL) market structure — a classic signal of trend reversal and early uptrend formation.
🔔 Add to your watchlist.
📍 Mark the breakout zone.
📈 Let price action guide your decision.
Price action has broken a well-respected counter trendline, indicating a potential shift in momentum from bearish to bullish. This breakout isn’t just symbolic — it's backed by conviction.
🔹 Volume-Based Confirmation
Today's bullish candle comes with significantly high volume, suggesting institutional activity and strong buyer interest. Volume is one of the most critical confirmation tools in breakout trading — and it's speaking loud and clear here.
🔹 Low → Higher Low → Breakout
A major Low was established earlier.
Price then formed a Higher Low Zone, indicating accumulation and a potential trend reversal.
The breakout candle confirms the Higher High – Higher Low (HH-HL) market structure — a classic signal of trend reversal and early uptrend formation.
🔔 Add to your watchlist.
📍 Mark the breakout zone.
📈 Let price action guide your decision.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
Related publications
Disclaimer
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.
🎯 Master My Self-Made Trading Strategy
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
✅ WhatsApp (Learn Today): wa.me/919455664601
📈 Telegram (Learn Today): t.me/hashtaghammer
Related publications
Disclaimer
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.