Conditions for short: 1. Channel breakout 2.trendline breakout 3.momentum indicator trendline breakout 4.resistance from previous resistance ***r1 zone 6.Money flow index turned red from green 7.volatility has increased 8.di- is above the di+
Stoploss: 1.above the previous resistance zones of ***r1: 1274.05
Take profit: 1.price is likely to reach ***s1: 1083.38 resistance zone if not we will exit with a exit point with almost no loss
Exit point: 1.will be updated later in the comments box
I said the next candle in 45m instead of 1hr and calculated the previous candle instead of current candle high but I don't care,the trade closed in profit and there is always next time
TrueUrBoss
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Trade is now closed with trailing take profit
TrueUrBoss
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Close above 1153 in next candle in 45m timeframe is exit point
TrueUrBoss
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Dump baby dump
TrueUrBoss
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As I told before this divergence is fake I am expecting the price will go down if 1hr candle closes red
TrueUrBoss
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My leave is postponed for tomorrow.I will inform the exit point in the comment box till then.