ilmscore | Prediction Details
"breakouts and breakdowns A strategy that is based on price action You can trade on the basis of a little Let me explain quickly, just say Your mom told you not to buy mangoes. Bheja or lettuce for example potatoes I will send you to the vegetable market to buy it. Diya Mummy said that it is between 50 and 0 Its price should come to me per kg. I don't know what the price is, I don't go. Yes brother, but I believe that your mother He said whatever you say, potato is fine. What do you call potatoes? Mummy said that the price of potatoes is It should be between 50 and 60. Not above, not below, said mom. If it is more expensive than that then don't buy it, okay? Similarly, there is a range for everything. I agree this is Purab company again okay Purva Company charges Rs. 50 to 60 It is running in the middle now, between 50 and 60. When its price is going up, what about one day? Done, he broke 60 and achieved 70 So this is what has always been going on between 60 Today it has achieved a new level. It's called a breakout and right here if it goes down Instead of 70, it would have been like he was going towards 50. If it had broken and reached 40 then this breakdown If the level were in the upward direction If it breaks then it is called break out. and if the break in the downward direction If it does, it says breakdown, note it down."
By Trade with Purab | September 28, 2024 | Pending
From video
ULTIMATE PRICE ACTION COURSE 🔥 - 3 Hours Non-stop 📈 | Trade with Purab 00:34:52 - 00:36:31
Interpreted Prediction
A breakout occurs when a price moves beyond a previous resistance level, and a breakdown occurs when a price moves below a previous support level. These are trading opportunities based on price action.

Prediction Details

Topic
Breakouts and Breakdowns

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