Trend Break Strategy with Indicator Confirmation

This strategy relies on monitoring the downward or upward trend and waiting for its break with confirmation for entry through three indicators: RSI, Stochastic, and Volume. Initially, a trend line is drawn on the peaks or troughs, then we observe the breakout candle, preferably an engulfing candle. After the breakout, we wait for confirmation from the Relative Strength Index (RSI) to be above 50 (for upward breaks), and the Stochastic indicator gives a bullish crossover from the overbought regions. Finally, confirmation from Volume should show a significant increase. This method is used to confirm strong entry and avoid false signals.