Previous important support and resistance zones:
***r1: 0.1110
**r2: 0.1161
*r3: 0.1206
Conditions for Long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r1 zone
6.Money flow index turned green from red
7.volatility has increased
8.di- is above the di+
9.adx line is above the 20 level
Stoploss:
1.below the previous resistance zones of ***r1:0.1110
2.when price makes higher high but there is a divergence in momentum indicator put your Stoploss below the entry price
Take profit:
1.take profit is dynamic or trailing stop loss
Exit point:
1.will not be updated later in the comments box
***r1: 0.1110
**r2: 0.1161
*r3: 0.1206
Conditions for Long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r1 zone
6.Money flow index turned green from red
7.volatility has increased
8.di- is above the di+
9.adx line is above the 20 level
Stoploss:
1.below the previous resistance zones of ***r1:0.1110
2.when price makes higher high but there is a divergence in momentum indicator put your Stoploss below the entry price
Take profit:
1.take profit is dynamic or trailing stop loss
Exit point:
1.will not be updated later in the comments box
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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.
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.