SHORT ENTRY requirements
• Short when price is below the 8 & 200 EMA in H4 and below 8,16,24, 64 & 200 EMA in D1
STOP LOSS & TAKE PROFIT; EARLY EXIT
• Stop Loss – Use Trailing Stop Loss Multiple of ATR; Account risk per trade – 0.25 to 0.5%
• TP1 – RR 1:1 / TP2 – move SL to break even then trail profit or RR 1:2
• Short when price is below the 8 & 200 EMA in H4 and below 8,16,24, 64 & 200 EMA in D1
STOP LOSS & TAKE PROFIT; EARLY EXIT
• Stop Loss – Use Trailing Stop Loss Multiple of ATR; Account risk per trade – 0.25 to 0.5%
• TP1 – RR 1:1 / TP2 – move SL to break even then trail profit or RR 1:2
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.