- Established range but perhaps closing to the end
- Sitting close to trendline
Two possible outcomes:
1. Break trendline
2. Bounce
If 2. Long on top of trendline for 60 pips with SL 20 pips down.
Supported by: RSI, Stochastic and range.
If 1. Capture some 20-40 pips by shorting below support.
- Sitting close to trendline
Two possible outcomes:
1. Break trendline
2. Bounce
If 2. Long on top of trendline for 60 pips with SL 20 pips down.
Supported by: RSI, Stochastic and range.
If 1. Capture some 20-40 pips by shorting below support.
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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.