Market Structure: Ranging Market
Area of Value: Breakout of Support
Entry: Bearish candle breaking the support
Exit if Right: 2 tranches and possible trend follow
Exit if Wrong: above previous support that is now resistance
RRR: 1:2
Area of Value: Breakout of Support
Entry: Bearish candle breaking the support
Exit if Right: 2 tranches and possible trend follow
Exit if Wrong: above previous support that is now resistance
RRR: 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.