Previous important support and resistance zones:
***s1: 7.020
***s2: 6.676
***s3: 7.970
***r1: 8.099
Conditions for Long:
1.Falling Wedge breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***s1 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 ***s1
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
***s1: 7.020
***s2: 6.676
***s3: 7.970
***r1: 8.099
Conditions for Long:
1.Falling Wedge breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***s1 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 ***s1
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