There is a trendline resistance and trendline support on 30-minute timeframe.
If the price breaks the trendline resistance then you may execute a buy (Long) trade. You put your stoploss below the trendline support.
If the price breaks the trendline support instead of breaking the trendline resistance then you avoid PLUS.
Either the price goes up or it goes down. Do not predict. Just react whatever movement the price does.
Hope this helps. Trade well.
If the price breaks the trendline resistance then you may execute a buy (Long) trade. You put your stoploss below the trendline support.
If the price breaks the trendline support instead of breaking the trendline resistance then you avoid PLUS.
Either the price goes up or it goes down. Do not predict. Just react whatever movement the price does.
Hope this helps. Trade well.
Traders Den PH
blogs.tradersdenph.com
blogs.tradersdenph.com
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.
Traders Den PH
blogs.tradersdenph.com
blogs.tradersdenph.com
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.