Reason for entry
1. Regular flat structure
2. Ending structure in play
3. Gap 183.065 taken
4. Liquidity at the top (equal highs)
5. MACD divergence
Strategy: Engulfing candle should take out 184.058 to enter
Take Profit : 186.023
Stop loss: 183.211
Entry: 184.058/183.587 (GAP)
Once 185.208 is taken out, place trade at BE or Take profit
1. Regular flat structure
2. Ending structure in play
3. Gap 183.065 taken
4. Liquidity at the top (equal highs)
5. MACD divergence
Strategy: Engulfing candle should take out 184.058 to enter
Take Profit : 186.023
Stop loss: 183.211
Entry: 184.058/183.587 (GAP)
Once 185.208 is taken out, place trade at BE or Take profit
Trade closed: stop reached
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.