Previous important support and resistance zones:
***r1: 0.5517
**r2: 0.5260
*r3: 0.4846
Conditions for Long:
1.Ascending 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: 0.5517
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks
***r1: 0.5517
**r2: 0.5260
*r3: 0.4846
Conditions for Long:
1.Ascending 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: 0.5517
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks
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.