Now that we know the exit on our stop lost we can get out on the top levels If you see the black like connected with the EMA35 them to the max projection on this rally If you follow this levels will indicate the EXIT on the top level when it is over value, what will be a good indication of exit
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Projection EXIT on the up you can get out now or continue with the EMA35 like stop lost , but at this moment it is break the projection of EMA35
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oK THE Level on EMA35 on one Hour 0.11711851 with a projection on 0.13460186 with this will be a good momentum of Exit but depending of your plan for Exit , you can still remain in until the EMA35 will be break off
Trade closed manually
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Hi everyone I hope you are out I 50 % yesterday at 11:00 25% today at 4 am and the rest at 9:00
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nanozeus99
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does .127 look like the best exit point? where should i enter again?
thanks!!!
CityTradersImperium_Daniel_M
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@nanozeus99, This strategy will giving you the projection by every Hour , what it is mean every hours will be different , I will not advice to add more but that depending of your risk strategy.
Now you have 3 option to get out I hope this helps
The projection it is base on EMA35 The levels 0.122227899-0.10411599(EMA35) This make a distance between the max extension level (this happen at 00.00 last night) and the EMA35 extension, if you used this bard every time the hours change you can move this bar to the next hours to giving you a projection of a max level for and exit.
And remember this strategy it is only applicable for this particular moment on time and this particular chart.
Good Luck
thanks!!!