A complete 1->2->3 wave pattern can be made on ABB ..
.use simple strategy to make money...
Trendline has been drawn once candle(Green candle) breaks the trendline --> following the MFI breakout
take trade
entry price === >> green candle ( high - low ) /2 + high
exit price ==>> 1R --> 2R as targets : R = risk --> nearest swing low
advance traders can also use ADX to maximise the profit
.use simple strategy to make money...
Trendline has been drawn once candle(Green candle) breaks the trendline --> following the MFI breakout
take trade
entry price === >> green candle ( high - low ) /2 + high
exit price ==>> 1R --> 2R as targets : R = risk --> nearest swing low
advance traders can also use ADX to maximise the profit
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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.