Follow Williams %R rules to enter original long
a Price mostly above 50 ema creates a bullish bias
b %R below -90 level for oversold market
c %R crosses above -50 level for entry
Williams %R Continuation Re-Entry Rules
a Price stays above 50 ema
b Pullback retracement makes %R to fall below -50 level
c Re-Enter when %R crosses above -50 level
Find appropriate SL - move SL as price and profit moves up
a Price mostly above 50 ema creates a bullish bias
b %R below -90 level for oversold market
c %R crosses above -50 level for entry
Williams %R Continuation Re-Entry Rules
a Price stays above 50 ema
b Pullback retracement makes %R to fall below -50 level
c Re-Enter when %R crosses above -50 level
Find appropriate SL - move SL as price and profit moves up
Note
Following Price with SLPrice dropped and closed out trade
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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.