Most recents (2)

The Swing Trader 📈

@Sakatas_Homma

A thread on Trading Chart pattern set-ups with annotated charts examples.

#Trading #swingtrading

1. The Double Bottom:

A trend reversal pattern.
Two lows of similar levels are formed.

ENTRY:
BO of the Neckline shows trend reversal by forming a Higher swing high which is also the entry point.

SL: LOD or swing low at a lower TF

TARGET:
Height of the NL to B1
Eg: #GRANULES

2. The Volatility contraction pattern, VCP by Mark Minervini

After a prior uptrend, a stock digests its gains, and profit taking happens. It then bases and gets ready for the next uptrend. VCP is a characteristic of a constructive base. It has the following characteristics:
1/n

Read 21 tweets

Trinkerr

@Trinkerr_IN