Previous important support and resistance zones:
***r1: 0.7875
*r2: 0.7164
Conditions for Long:
1. Previous important resistance ***r1 breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.it may take support from previous important resistance zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
Re-entry:
1.when price bounce from the previous resistance zone
Stoploss:
1.below the previous resistance zones of ***r1: 0.7578
Take profit:
1.take profit dynamic/trailing take profit.If we see bearish divergence we will exit with a exit point with almost no loss
Exit point:
1.will be updated later in the comments box
***r1: 0.7875
*r2: 0.7164
Conditions for Long:
1. Previous important resistance ***r1 breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.it may take support from previous important resistance zone
6.Money flow index turned green from red
7.volatility has increased
8.di+ is above the di-
Re-entry:
1.when price bounce from the previous resistance zone
Stoploss:
1.below the previous resistance zones of ***r1: 0.7578
Take profit:
1.take profit dynamic/trailing take profit.If we see bearish divergence we will exit with a exit point with almost no loss
Exit point:
1.will be updated later in the comments box
