$CLR Breakout set up - 3 buy signals but looking weak -

1.)MACD zero crossing
2.)Price action breakout
3.) RSI break

Volume is missing however. This is one of the most important characteristics of a break out in my opinion and it is missing here.
If volume was present I was say that this is a high probability trade. I will not consider entering until volume steps in.

Today's candle doesn't look to strong.

Normally this is one of the best breakout setups for me. However key parts missing here.

I will follow this one closely and do a follow up analysis on this one. Always good to learn

評論:

Note that I should have drawn a S&R line at $35.27