Watch how price responds to the diagonal levels and the horizontal level. I am looking for a breakout candle to close above the horizontal level first. Next, I am looking for a candlestick to close above the diagonal trend line line. If price closes above the diagonal trend line, then I will consider a long entry.
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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.