Why is this setup good?
-Contextual uptrend
-Price continues moving in the direction of main trend since it bounced at longterm support EMA (200)
-Momentum building on MACD 12-26
-First reaction (contraction) since MACD crossover
-Trigger Candle testing EMA 3, 6, 18, 50
-Good Risk-Reward ratio ~ 5.15
Entry rules:
-Buy Stop order or Manual Buy at 57.89 at the next interval(candle) open
-Cancel the order at the end of the day if 57.89 does not get triggered
-Stop Loss (S/L) level at 55.78 (adjust position size accordingly, don't risk more than 3% for your current account balance)
Trade management
-Move S/L to break-even when price CLOSES above 58.11
Exit rules:
-Target Profit LVL 1 or LVL 2
-Contextual uptrend
-Price continues moving in the direction of main trend since it bounced at longterm support EMA (200)
-Momentum building on MACD 12-26
-First reaction (contraction) since MACD crossover
-Trigger Candle testing EMA 3, 6, 18, 50
-Good Risk-Reward ratio ~ 5.15
Entry rules:
-Buy Stop order or Manual Buy at 57.89 at the next interval(candle) open
-Cancel the order at the end of the day if 57.89 does not get triggered
-Stop Loss (S/L) level at 55.78 (adjust position size accordingly, don't risk more than 3% for your current account balance)
Trade management
-Move S/L to break-even when price CLOSES above 58.11
Exit rules:
-Target Profit LVL 1 or LVL 2
Pesanan dibatalkan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.