Your statement outlines a clear trading strategy based on support and resistance levels. Here's a refined version for clarity:
1. Uptrend Expectation:
As long as the price remains above the 3.000 support, a resumption of the uptrend is expected.
2. Confirmation of Uptrend:
The uptrend will be confirmed when the resistance at 3.955 is broken.
3. Invalidation of the Uptrend:
If the 3.000 support is broken, the short-term forecast for the uptrend becomes invalid.
4. Risk Management:
All open trades will be closed if the midterm level at 3.000 is breached.
This approach provides clear entry, confirmation, and exit criteria, which are essential for disciplined trading. Let me know if you want help optimizing the strategy further.
1. Uptrend Expectation:
As long as the price remains above the 3.000 support, a resumption of the uptrend is expected.
2. Confirmation of Uptrend:
The uptrend will be confirmed when the resistance at 3.955 is broken.
3. Invalidation of the Uptrend:
If the 3.000 support is broken, the short-term forecast for the uptrend becomes invalid.
4. Risk Management:
All open trades will be closed if the midterm level at 3.000 is breached.
This approach provides clear entry, confirmation, and exit criteria, which are essential for disciplined trading. Let me know if you want help optimizing the strategy further.
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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.