Specifically for Intraday only: 15-MTF
Bullish Trade
Trade the Strong Bullish Candle closing above Breakout Level
RSI should be 70 or more
Stop Loss to be below Breakout Candle
Look to book profit before target level
Bearish Trade
Trade the Strong Bearish Candle closing below Breakdown Level
RSI should be 30 or less
Stop Loss to be above Breakdown Candle
Look to book profit before target level
Trade with proper risk management
Bullish Trade
Trade the Strong Bullish Candle closing above Breakout Level
RSI should be 70 or more
Stop Loss to be below Breakout Candle
Look to book profit before target level
Bearish Trade
Trade the Strong Bearish Candle closing below Breakdown Level
RSI should be 30 or less
Stop Loss to be above Breakdown Candle
Look to book profit before target level
Trade with proper risk management
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.
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.