1. Wait for the Daily candle to close outside of the consolidation trendline.
2. Be sure the close includes descend volume or pass on it.
3. Trade in the direction of the trade.
4. Set Stop Loss to 1.5x of ATR
5. Set you 1st Take Profit to 1x of ATR
6. Close 1/2 trade at 1st TP
7. Follow stops on second half to maximize profit.
8. Risk no more than 2% of your trade balance on this trade.
2. Be sure the close includes descend volume or pass on it.
3. Trade in the direction of the trade.
4. Set Stop Loss to 1.5x of ATR
5. Set you 1st Take Profit to 1x of ATR
6. Close 1/2 trade at 1st TP
7. Follow stops on second half to maximize profit.
8. Risk no more than 2% of your trade balance on this trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.