N.B. I am very very sorry for the recent trash quality posts because there is a huge update on my strategy and frequent loadseding problems.All problems is fixed so I will only post high quality posts again
Previous important support and resistance zones:
***s1: 0.5308
**s2: 0.4631
***r1: 0.4737
Conditions for Long:
1. Channel 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 the 20 level
Stoploss:
1.below the previous resistance zones of ***r
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks
Previous important support and resistance zones:
***s1: 0.5308
**s2: 0.4631
***r1: 0.4737
Conditions for Long:
1. Channel 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 the 20 level
Stoploss:
1.below the previous resistance zones of ***r
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks