1) Setup: Price break EMA14
2) Signal: Rejection
3) Confirmation: Bearish engulfing
4) Entry: 50% from bearish engulfing CS
5) SL 10 tick above rejection
6) TP: i) nearest support ii) Wait for price reaction at support
2) Signal: Rejection
3) Confirmation: Bearish engulfing
4) Entry: 50% from bearish engulfing CS
5) SL 10 tick above rejection
6) TP: i) nearest support ii) Wait for price reaction at support
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Related publications
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.