Long
NASDAQ potential LONG opportunity
1. LONG ENTRY requirements
• Long when price is above the 200 EMA in H4 and above 8,16,24, 64 & 200 EMA in D1
• Wavetrend – Long at gold cross below zero line (green dot)
STOP LOSS & TAKE PROFIT; EARLY EXIT
• Stop Loss – Use Trailing Stop Loss Multiple of ATR; Account risk per trade – 0.25 to 0.5%
• TP1 – RR 1:1 / TP2 – move SL to break even then trail profit or RR 1:2
• Long when price is above the 200 EMA in H4 and above 8,16,24, 64 & 200 EMA in D1
• Wavetrend – Long at gold cross below zero line (green dot)
STOP LOSS & TAKE PROFIT; EARLY EXIT
• Stop Loss – Use Trailing Stop Loss Multiple of ATR; Account risk per trade – 0.25 to 0.5%
• TP1 – RR 1:1 / TP2 – move SL to break even then trail profit or RR 1:2
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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.