This is an easy way to determine where to place a buy or sell order. Place the buy or sell order in the boxed area created by the signal, as in the example. For SL TP, it can be in a 1:1 ratio or placed at the previous strong Support and Resistance. Always pay attention to the LOT placed. Adjust to the capital and do not place too many positions during the...
These are some examples of entries using PreannTrend on the BYBIT:BTCUSDT #BTCUSDT pair by creating trend lines as well.
This is how to use the PreannFX indicator in the case of XAUUSD. When the signal appears, in this case it is a Bullish signal, then we place a BUY LIMIT order at the Open on the previous candle. Stop Loss is placed at the Low of the candle before the signal. If the Low candle of the newly appeared signal is lower than the Low of the previous candle, use the Low of...
These are the areas where the BTCUSD price will move in the near future.