1. Support and Resistance zones correctly plotted in the chart 2. These are called Price Pivot Zones 3. Confirmation Candle such as Bullish Engulfing Candle formed at PPZ level. 4. Take profit and stop loss level correctly placed in the chart. 5. Pure price action.
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.