Execute Long only when the RSI breaks the trendline .Wait until the 15 min candle close to avoid false signals.
Stop loss can be the low of the previous candle .
Disclaimer: This is for educational purpose. Please do your own analysis.
Stop loss can be the low of the previous candle .
Disclaimer: This is for educational purpose. Please do your own analysis.
Trade active:
Long executed as RSI breaches the trendline .
SL - 4713
Start trailing the stop loss
SL - 4713
Start trailing the stop loss
Trade closed: target reached:
Scalpers can exit or book the partial profits. 30+ points achieved. Others ca trail their stoploss
Trade closed: target reached:
Target 1 achieved