*WE HAVE A SHORT SiGNAL
*SINCE THE PRICE iS ABOVE 168 EMA (WHiCH iS A FiLTER) WE DO NOT ENTER A SHORT TRADE
*WE ARE LOOKiNG FOR A LONG ENTRY POiNTS,BECAUSE WE ARE iN A BULLiSH MODE
3 SCENARIOS:
*GREEN: WE CAN USE A TRiANGLE FOR A BREAKOUT TRADE iF THE PRACE WON'T GO LOWER
*YELLOW: WE FALL TO THE SP LEVEL AND BEGiN TO RiSE FROM THERE
*RED: DEEP CORRECTiON WiTH A SWEET ENTRY POiNTS
*SINCE THE PRICE iS ABOVE 168 EMA (WHiCH iS A FiLTER) WE DO NOT ENTER A SHORT TRADE
*WE ARE LOOKiNG FOR A LONG ENTRY POiNTS,BECAUSE WE ARE iN A BULLiSH MODE
3 SCENARIOS:
*GREEN: WE CAN USE A TRiANGLE FOR A BREAKOUT TRADE iF THE PRACE WON'T GO LOWER
*YELLOW: WE FALL TO THE SP LEVEL AND BEGiN TO RiSE FROM THERE
*RED: DEEP CORRECTiON WiTH A SWEET ENTRY POiNTS
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Related publications
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.