A momentum breakout strategy designed to capture short-term trends.
If prices can break above short-term resistance @ , we should see higher prices.
Long @ 0.3930
Stop Loss @ 0.2865
Cut losses early, let profits run!
Never risk more than you can lose.
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Legend:
RLevel:= Resistance Level (Blue Line)
SLevel := Support Level (Red Line)
Entry Rules:
1. Place a Buy Stop at the RLevel.
2. If Buy Stop is filled, place Stop Loss at the SLevel.
3. If orders are not filled, cancel orders at the end of today's trading session.
Exit Rules:
1. At the end of the today's trading session, ad
If prices can break above short-term resistance @ , we should see higher prices.
Long @ 0.3930
Stop Loss @ 0.2865
Cut losses early, let profits run!
Never risk more than you can lose.
-------------------------------------------------------------------------------------------------------------------
Legend:
RLevel:= Resistance Level (Blue Line)
SLevel := Support Level (Red Line)
Entry Rules:
1. Place a Buy Stop at the RLevel.
2. If Buy Stop is filled, place Stop Loss at the SLevel.
3. If orders are not filled, cancel orders at the end of today's trading session.
Exit Rules:
1. At the end of the today's trading session, ad
Trade active
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.