Entry
Wait for daily candle confirmation
Price above Moving averages
All 4 timeframes showing bullish momentum
Enter on confirmed bullish daily close
Risk
Stop below recent swing low
Risk 1-2% capital
Size accordingly
Targets
First resistance level at 98k
1.5x measured move
Major psychological level
or floating profit
Management
Confirm daily close before entry
Move stop to breakeven after Target 1
Scale out at targets
Trade active
Move SL to break even
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.