EIDPARRY Swing trade idea DAY TF
Discl : active in trade.
Why i chose? Ascending triangle on day tf breakout has the highest probability of win ratio. stock has made a good base for months in same zone. only minor issue i have is the bottom w pattern the stock has made, but should not be an issue since upside candles is having more volume which means stock doesn't wan to go below 390.
En- 426
exit: 480
sl: if candle closes below previous swing low
target in % would be 12%
Why i chose? Ascending triangle on day tf breakout has the highest probability of win ratio. stock has made a good base for months in same zone. only minor issue i have is the bottom w pattern the stock has made, but should not be an issue since upside candles is having more volume which means stock doesn't wan to go below 390.
En- 426
exit: 480
sl: if candle closes below previous swing low
target in % would be 12%
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