potential break thru resistance on the uptrend or potential consolidation after hitting resistance
the MA show potential crossover and therefore, an uptrend.
possible 3R hit after 2R is reached
long postion with P:L , 2:1 R confirmation on 17-Jun
Confirmation candle shows repeating uptrend. Momentum is at the lowest point. P:L , 2:1
no trend in the last weeks. short when touching resistance line. P:L = 2:1
after big retracement, setting the buy order above the support line. 1R = ATR , P:L = 1:2
After large retracement bouncing off the support line. Going along with the uptrend 1R = ATR , P:L = 1:2
going short after a large uptrend after Breakthru. needs confirmation. 1R = ATR watching when support line is hit to step out or confirm until 1R is reached.
Overbought so, retrace on an uptrend. after short, going long in an option when bouncing on the support line.
Confirmed bounce strategy. going long on an uptrend. P/L = 2:1