Previous important support and resistance zones:
***r1: 0.1110
**r2: 0.1161
*r3: 0.1206
Conditions for Long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r1 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 ***r1:0.1110
2.when price makes higher high but there is a divergence in momentum indicator put your Stoploss below the entry price
Take profit:
1.take profit is dynamic or trailing stop loss
Exit point:
1.will not be updated later in the comments box
***r1: 0.1110
**r2: 0.1161
*r3: 0.1206
Conditions for Long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r1 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 ***r1:0.1110
2.when price makes higher high but there is a divergence in momentum indicator put your Stoploss below the entry price
Take profit:
1.take profit is dynamic or trailing stop loss
Exit point:
1.will not be updated later in the comments box