Market Structure: Ranging Market
Area of Value: Breakout of Resistance
Entry: Bullish candle above cloud. All confluences
Exit if Right: Tranches in previous swing highs
Exit if Wrong: Below the cloud
RRR: 1:2
Area of Value: Breakout of Resistance
Entry: Bullish candle above cloud. All confluences
Exit if Right: Tranches in previous swing highs
Exit if Wrong: Below the cloud
RRR: 1:2
Note
Once the lagging span pierce through the candles, you should close your position.Trade closed: stop reached
This is a LOSS
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.