Previous important support and resistance zones:
***s1: 8.508
***r1: 8.107
Conditions for short:
1.Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.resistance from previous support ***s1 zone
6.Money flow index turned red from green
7.volatility has increased
8.di- is above the di+
9.adx line is above the 20 level
Stoploss:
1.above the previous support zone of ***s1: 8.508
Take profit:
1.take profit is dynamic, trailing Stoploss/take profit
Exit point:
1.will be updated later in the comments box
P. S. Price may not reach the arrow point so it's better to use trailing Stop-loss
***s1: 8.508
***r1: 8.107
Conditions for short:
1.Descending triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.resistance from previous support ***s1 zone
6.Money flow index turned red from green
7.volatility has increased
8.di- is above the di+
9.adx line is above the 20 level
Stoploss:
1.above the previous support zone of ***s1: 8.508
Take profit:
1.take profit is dynamic, trailing Stoploss/take profit
Exit point:
1.will be updated later in the comments box
P. S. Price may not reach the arrow point so it's better to use trailing Stop-loss
