Market Structure: Ranging Market
Area of Value: Breakout of Resistance
Entry: Bullish candle above cloud. All confluences
Exit if Right: Tranches in previous swing highs
Exit if Wrong: Below the cloud
RRR: 1:2
Area of Value: Breakout of Resistance
Entry: Bullish candle above cloud. All confluences
Exit if Right: Tranches in previous swing highs
Exit if Wrong: Below the cloud
RRR: 1:2
Comment:
Once the lagging span pierce through the candles, you should close your position.
Trade closed: stop reached:
This is a LOSS