WEEKLY CHART EVALUATION
1. Price below Alligator
2. Previous Bar - Bearish
3. AO Red Below Zero, Momentum Downtrend
DAILY CHART EVALUATION
1. Price below Alligator
2. Previous Bar - Bullish Divergent Bar
3. AO Red Below Zero, Momentum Downtrend
TRADING SETUP @ 4H TIME FRAME
1. Bullish Divergent Bar - Valid
2. AO Red, Below Zero - Valid
3. Angulation Between PRICE and ALLIGATOR - Valid
5. Divergence between PRICE and AO - Yes
6. Risk / SL = 58pip
1. Price below Alligator
2. Previous Bar - Bearish
3. AO Red Below Zero, Momentum Downtrend
DAILY CHART EVALUATION
1. Price below Alligator
2. Previous Bar - Bullish Divergent Bar
3. AO Red Below Zero, Momentum Downtrend
TRADING SETUP @ 4H TIME FRAME
1. Bullish Divergent Bar - Valid
2. AO Red, Below Zero - Valid
3. Angulation Between PRICE and ALLIGATOR - Valid
5. Divergence between PRICE and AO - Yes
6. Risk / SL = 58pip
Trade closed manually:
Close with profit since the momentum si not impusive enough