With the first breakout of the DAO theory square range, you open a position and place the stop-loss above the first candle.
You are allowed to trade using this style on Ethereum and all other cryptocurrencies that have exactly similar and aligned conditions with the TOTAL2 chart.
Enter on a 15-minute candle for the breakout of the small square, and on a 2-hour candle for the breakout of the large square.
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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.