GM to Long, in Uptrend , demand zone Condition:
1. Downtrend line was broken by breakaway Gap (G1).
Start a new trend.
2. G2: runaway Gap shows 40-50% of the trend.
G2 Filled.
3. Demand zone conformed.
Entry near demand Zone: below 22 ;
Or buy after down trend line break;
or buy at tomorrow open if Gap up (Gap3) ;
Stop: 20;
Target1: 26; risk/reward=1:2
Target2: 31; risk/reward=1:4
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.