Previous important support and resistance zones:
***s1: 1.737
***r1: 1.877
**r2: 1.899
*r3: 1.933
Conditions for long:
1. Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous support ***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 the 20 level
Stoploss:
1.below the previous support zone of ***s1: 1.737
Take profit:
1.trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if anyone asks
***s1: 1.737
***r1: 1.877
**r2: 1.899
*r3: 1.933
Conditions for long:
1. Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous support ***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 the 20 level
Stoploss:
1.below the previous support zone of ***s1: 1.737
Take profit:
1.trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if anyone asks
