Pair is in a possible range with price at the bottom
Price may return to the ma's (Long) or breakout of the bottom support (Sell)
Macd has crossed above the Red signal line Bullish bias
Long Trade
Buy stop at 112.85
Buy Take Profit at 113.20
Close trade if Macd crosses below Red signal line
Find appropriate SL
Short Trade
Entry breakout of bottom support on a 15m break-hook-go pattern
Sell Take Profit will be the 800 sma
SL above range bottom breakout candle
*Watch for Bearish failure move
If price moves back into range above bottom support
Aggressive Buy with candle close back into range
Also use Long trade signals
Price may return to the ma's (Long) or breakout of the bottom support (Sell)
Macd has crossed above the Red signal line Bullish bias
Long Trade
Buy stop at 112.85
Buy Take Profit at 113.20
Close trade if Macd crosses below Red signal line
Find appropriate SL
Short Trade
Entry breakout of bottom support on a 15m break-hook-go pattern
Sell Take Profit will be the 800 sma
SL above range bottom breakout candle
*Watch for Bearish failure move
If price moves back into range above bottom support
Aggressive Buy with candle close back into range
Also use Long trade signals
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.