LONG on stong support and pin bar.
This setup use the following indicator.
1. Strong support and resistance line for both target and entry order.
2. Use price action (PA) on pin-bar candle stick close on daily chart.
My setup configuration:
Long @ : 136.00
][ This entry come from RED arrow as seen on chart, where price bound from this point multiple time. as well as PIN-Bar of daily close with a very long tail.
STOP @ : 135.20 (-80pip)
][ This use as my standard stop-lost where is cover at least 135.50 with extra room.
TP @: 140.00 (400pip)
][ This come from the GREEN Arrow where price shown strong significant resistance in the past.
1. Strong support and resistance line for both target and entry order.
2. Use price action (PA) on pin-bar candle stick close on daily chart.
My setup configuration:
Long @ : 136.00
][ This entry come from RED arrow as seen on chart, where price bound from this point multiple time. as well as PIN-Bar of daily close with a very long tail.
STOP @ : 135.20 (-80pip)
][ This use as my standard stop-lost where is cover at least 135.50 with extra room.
TP @: 140.00 (400pip)
][ This come from the GREEN Arrow where price shown strong significant resistance in the past.
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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.
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.