Previous important support and resistance zones:
***r1: 4.277
***r2: 4.156
Conditions for Long:
1. Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r1 zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
9.adx line is above 20 level
Stoploss:
1.below the previous resistance zones of ***r1: 4.277
Take profit:
1.take profit is dynamic or trailing stop loss/take profit
2.need 9hr tf for multi-analysis potential reverse zone
Exit point:
1.will be updated later in the comments box only if anyone asks
***r1: 4.277
***r2: 4.156
Conditions for Long:
1. Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r1 zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
9.adx line is above 20 level
Stoploss:
1.below the previous resistance zones of ***r1: 4.277
Take profit:
1.take profit is dynamic or trailing stop loss/take profit
2.need 9hr tf for multi-analysis potential reverse zone
Exit point:
1.will be updated later in the comments box only if anyone asks
