FCPO Trading Plan : Valid Breakout
1. Setup
i)Price valid breakout SnR
ii)EMA14 above EMA50
iii)Trend: Uptrend
2. Signal Type:
i)1st Pullback @15min
ii)5min pullback not break 2 CS / min :15point range
3. Confirmation: 5min look for bullish engulfing
4. Entry
i) Price retest EMA145min
5. Exit: SL 10tick below 15min pullback CS
6. TP :
i)Fibo extension
ii)Reversal CS 15min
iii)Win/Lose ratio
i)Price valid breakout SnR
ii)EMA14 above EMA50
iii)Trend: Uptrend
2. Signal Type:
i)1st Pullback @15min
ii)5min pullback not break 2 CS / min :15point range
3. Confirmation: 5min look for bullish engulfing
4. Entry
i) Price retest EMA145min
5. Exit: SL 10tick below 15min pullback CS
6. TP :
i)Fibo extension
ii)Reversal CS 15min
iii)Win/Lose ratio
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