Previous important support and resistance zones:
***s1: 0.1356
***r1: 0.1240
***r2: 0.1356
**r3: 0.1206
Conditions for Long:
1.Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r2 zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
9.adx line is above the 20 level
Stoploss:
1.below the previous resistance zones of ***r2
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: 0.1356
***r1: 0.1240
***r2: 0.1356
**r3: 0.1206
Conditions for Long:
1.Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.support from previous resistance ***r2 zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
9.adx line is above the 20 level
Stoploss:
1.below the previous resistance zones of ***r2
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