2. SHORT ENTRY requirements
• Short trade when price is below 8 & 50 EMA in D1 and H4 and below 8, 21 & 50 EMA in H1.
• BB Squeeze momentum – prolonged squeeze blue dots (minimum of 5-7 dots). Enter in H1 at Squeeze release white dots and red histogram
• Weis Wave – red histogram
STOP LOSS & TAKE PROFIT; EARLY EXIT
• Stop Loss – ATR x 2 ; Account risk per trade – 0.25 to 0.5%
• TP1 – RR 1:1 / TP2 – move SL to break even then trail profit
• Short trade when price is below 8 & 50 EMA in D1 and H4 and below 8, 21 & 50 EMA in H1.
• BB Squeeze momentum – prolonged squeeze blue dots (minimum of 5-7 dots). Enter in H1 at Squeeze release white dots and red histogram
• Weis Wave – red histogram
STOP LOSS & TAKE PROFIT; EARLY EXIT
• Stop Loss – ATR x 2 ; Account risk per trade – 0.25 to 0.5%
• TP1 – RR 1:1 / TP2 – move SL to break even then trail profit
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.