Resistance Breakout Setup I’ve Been Tracking

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Been working on a medium-term swing setup that focuses on breakouts from long consolidation zones.
Here’s the gist of it

  1. Stock gives a clean breakout on the weekly timeframe after a long base (usually 18-20 months).

  2. RSI crosses and sustains above 60 on the weekly chart. That’s my momentum confirmation.

  3. Volume during the breakout week should be at least 1.5–2x the 20-week average.

  4. Holding period: 4-6 months

The idea is to catch trend resumption phases where institutions step back in after a prolonged accumulation. I’ve had a few setups like this play out well over the last few quarters, slower but steadier moves with low volatility.Would love to hear how others confirm long-term breakouts. anyone here using volume + RSI combos too?

Not a SEBI-registered advisor, this is just my personal trading framework and learning log. Always DYOR or check with a financial advisor before acting on any trade ideas.

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I usually just look for divergence plays on RSI along with other price action signals like- volume, BOS and OBs, but will check this out because I have not tried this on the weekly chart..

Will try it out over the weekend, thanks!