NZDUSD Long Breakout Trade
NZDUSD Long Breakout Trade
1. Price over 3 Ma's (20,50,200)
2. Currency Strengh Meter confirmation
3. Trend Following Indicator confirmation
4. Buy/Sell Indicator confirmation
5. Strong counter trend enviroment
6. Structure of trend HH-HL-HH-HL
7. Nice bullish candles build-up
8. Breakout above 200 MA
9. Stop loss at 3 daily ATR
10. Take profit at 2:1
11. Closing trade on time-based stop loss/opossite signal/break of structure/trailing stop)
12. 2% Risk per trade (in future less)
13. Possible taking partials at round levels/support and resistance
1. Price over 3 Ma's (20,50,200)
2. Currency Strengh Meter confirmation
3. Trend Following Indicator confirmation
4. Buy/Sell Indicator confirmation
5. Strong counter trend enviroment
6. Structure of trend HH-HL-HH-HL
7. Nice bullish candles build-up
8. Breakout above 200 MA
9. Stop loss at 3 daily ATR
10. Take profit at 2:1
11. Closing trade on time-based stop loss/opossite signal/break of structure/trailing stop)
12. 2% Risk per trade (in future less)
13. Possible taking partials at round levels/support and resistance
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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.