Looking for breakout from the two points - either long or short. Stop loss is the opposing breakout level (1:1). Very simple method (using one indicator to get my breakout and target level. Market momentum is proven at these points and price will hit target regardless of fundamentals (i.e. price may hit and then go opposite direction after).
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.