Waiting for signal confirm and open buy
Wait for the price breaks the breakout area then you go short
The price hits Resistance and reverse back, it is likely to go down the Key Level. If it doesn't hit Key Level and it goes up and breaks the resistance you go long. Let's wait for the signal to buy or sell in Breakout area. If the price breaks Key Level and yellow line, you go short. But if the price hit Key Level and does't break yellow line wait for the...
Go long when the price breaks resistance and go short when the price breaks support. Be patient! The price is in Symmetrical Triangle.
Wait for the price to break and look for long or short. Let's look at the price in the chat. Scenario 1, If the price doesn't break 15m Uptrend Line and breaks Downtrend Line, You look for long. Your Target should be at Resistance. Scenario 2, If the price breaks 15m Uptrend LIne and doesn't break Downtrend Line, Means that it's still in Downtrend then you look...
If the price breaks the resistance level, wait for the retest and buy(Plan A). If the price breaks support trend line sell or wait for retest then put sell(Plan B)
Consider to trade the breakout the resistance or support line. Trade at your own risk.
Let's look at the trend. The market is in uptrend. First, the price hits the uptrend line and resistance level. Second, the pattern ABCD (AB=CD). Third, look at the price and Stochastic. The price is making higher highs but the Stochastic is making lower highs. This is called Regular Bearish Divergence. In conclusions, these three-confirmation show that the price...
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