Actionable Trading Strategy/ Set Up/ Swing Trade

 


Learn the above structure /Actionable trading strategy/ Swing Trade set-up

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First Condition

Buy Set Up

1) Prior Trend has to be down

 2) Red Color bar are down trend as RSI < 50 

3)  RSI hits oversold under 30

 4) Upward Bar Reversal

 5) Next day actionable time

 6) As long as the low of Upward Bar Reversal is not violated accumulate at hold long 

7) Identify a falling trend line

 8) Breakout above trend line

 9) Add if trend line breakout is witnessing the next day as long as low of the bullish bar/candle of trend line is not violated and can trail the earlier position to the same.

 10) Target/Resistance can be next important lower top and lower top

 11) Keep trailing   long as previous day low is not violated after sizeable profit.

Sell Set Up

1) Prior Trend has to be Up

 2) Green Color bar are up trend as RSI > 50 

3)  RSI hits overbought above 70

 4) Downward Bar Reversal

 5) Next day actionable time

 6) As long as the High of Down Bar Reversal is not violated distribute to hold short 

7) Identify a rising trend line

 8) Breakdown below trend line

 9) Add if trend line breakdown t is witnessing the next day as long as high of the bearish bar/candle of trend line is not violated and can trail the earlier position to the same.

 10) Target/Support can be next important higher bottom and bottom low,

 11) Keep trailing short as previous day high is not violated after a sizeable profit.


Both Long and Short are explained on the chart.
Identify a stock/index which are in oscillating nature in a wider range for best results.
Once side directional movement if witnessed could be avoided as they may be eligible post negative divergence breakdown or positive divergence breakout.

For further learning experience/training
associate with us for personal training sessions.



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