Previous important support and resistance zones:
***s1: 1.403
***r1: 1.563
**r2: 1.618
*r3: 1.465
Conditions for short:
1. Rising wedge breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.resistance from previous resistance ***r1 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 resistance zones of ***r1: 1.563
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks
***s1: 1.403
***r1: 1.563
**r2: 1.618
*r3: 1.465
Conditions for short:
1. Rising wedge breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.resistance from previous resistance ***r1 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 resistance zones of ***r1: 1.563
Take profit:
1.take profit is dynamic,trailing stop loss/take profit
Exit point:
1.will be updated later in the comments box only if someone asks