Conditions for Long: 1. Previous important resistance ***r1 breakout 2.trendline breakout 3.momentum indicator trendline breakout 4.it may take support from previous important resistance zone 6.Money flow index turned green from red 7.volatility has increased 8.di+ is above the di-
Re-entry: 1.when price bounce from the previous resistance zone
Stoploss: 1.below the previous resistance zones of ***r1: 0.7578
Take profit: 1.take profit dynamic/trailing take profit.If we see bearish divergence we will exit with a exit point with almost no loss
Exit point: 1.will be updated later in the comments box
Set your Stoploss below 0.8874 and just relax btw this is also not the exit point and I will not mention the exit point because this is very tiring and phone battery consuming
TrueUrBoss
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Right now trailing stop loss is at 0.9060 and divergence point is confirmed but exit point is yet to be confirmed
TrueUrBoss
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I going to take a nap so I think I'll miss the exit point bye
TrueUrBoss
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Right now trailing stop loss is at 0.8771 but this is not the exit point
TrueUrBoss
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Sry price already took support from previous resistance zone while I was writing the idea