10990 W formation
Reason for long
a) W formation
b) volume accumulation
c) Any closing above 2305 is long
d) Weekly breakout
e) monthly breakout
f) QQE support
g) SL compulsory
Day closing below 2328 invalidate the set up and induces to skip the trade.
a) W formation
b) volume accumulation
c) Any closing above 2305 is long
d) Weekly breakout
e) monthly breakout
f) QQE support
g) SL compulsory
Day closing below 2328 invalidate the set up and induces to skip the trade.
Note
if tomorrow day closing above the previous day high is longTrade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.