KISS | Local Trend Breakout Trading Price action and chart pattern trading
> Local downtrend channel breakout trading
> Resistance SMA50, Global downtrend line, SMA200
> Stop loss at the lowest point
> Recommended risk ratio 2:1 for medium term trade
Indicator:
> Smart Money and Banker Chip strong volume support at Index 40X
> Fundflow strong bullish rebounded out of oversold zone
> BBD bullish divergence signal cross above baseline
> KDJ stochastic uptrend signal.
Always trade with affordable risk and respect your stoploss
