Conditions for Long: 1.Descending triangle breakout 2.trendline breakout 3.momentum indicator trendline breakout 4.support from previous support ***s1 zone 6.Money flow index turned green from red 7.volatility has increased 8.di+ is above the di- 9.adx line is above the 20 level
Stoploss: 1.below the recent low
Take profit: 1.take profit is dynamic,trailing stop loss/take profit
Exit point: 1.will be updated later in the comments box only if someone asks
P. S. Price may not reach the arrow point so it's better to use trailing Stop-loss
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.