1) Setup
i) Break EMA50
ii) Valid breakout resistance
2) Signal : 1st pullback
3) Confirmation : Bearish engulfing
4) Entry : 50% of engulfing body
5) SL : 10tick above pullback
6) TP : when 15min reversal
This setup hit SL for the next day
i) Break EMA50
ii) Valid breakout resistance
2) Signal : 1st pullback
3) Confirmation : Bearish engulfing
4) Entry : 50% of engulfing body
5) SL : 10tick above pullback
6) TP : when 15min reversal
This setup hit SL for the next day
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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.