Previous important support and resistance zones:
**s1: 15.10
***s2: 15.00
***s3: 14.27
* r1: 15.39
***r2: 15.00
Conditions for short:
1. Rising wedge breakout
2.trendline breakout
3.previous ***s2 and ***r2 breakout
4.momentum indicator trendline breakout
5.volatility increased
6.Money flow index turned red from green
7.di- is above the di+
8.adx line is above 20 level
Stoploss:
1.above the ***s2 and ***r2 zone
Take profit:
1.I like to trail my profit but the next take profit can be near the ***s3: 14.27 zone
**s1: 15.10
***s2: 15.00
***s3: 14.27
* r1: 15.39
***r2: 15.00
Conditions for short:
1. Rising wedge breakout
2.trendline breakout
3.previous ***s2 and ***r2 breakout
4.momentum indicator trendline breakout
5.volatility increased
6.Money flow index turned red from green
7.di- is above the di+
8.adx line is above 20 level
Stoploss:
1.above the ***s2 and ***r2 zone
Take profit:
1.I like to trail my profit but the next take profit can be near the ***s3: 14.27 zone
