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12098 Consolidation breakout probability

Reason for long
a) Consolidation breakout
b) Weekly breakout
c) Triangle breakout
d) Vwap breakout
e) price above POC
f) Vix is cooling off
g) Nifty and BNF at ioi set up
h) SL compulsory
i) Duration: 1 month

Trading mind set requirement
a) You cannot be wrong all the time
b) Position sizing is important and mind should accept taking losses, if sl hit.
c) Right mindset is the acceptance of right rule
d) Discipline and patience is necessary to wait atleast 2 times of risk to get the second target.
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