N.B. I am feeling good about this idea even if there was a 50% chance variable but if you can afford to lose,only then be my guest
Previous important support and resistance zones:
***r1: 9.847
**r2: 9.378
Conditions for long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.previous important resistance zone***r1 breakout
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***r1
Stoploss:
1.below the previous resistance zone of ***r1: 9.847
Take profit:
1.take profit is dynamic/trailing stop loss
Exit point:
1.will be updated later in the comments box
Previous important support and resistance zones:
***r1: 9.847
**r2: 9.378
Conditions for long:
1. Symmetrical triangle breakout
2.trendline breakout
3.momentum indicator trendline breakout
4.previous important resistance zone***r1 breakout
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***r1
Stoploss:
1.below the previous resistance zone of ***r1: 9.847
Take profit:
1.take profit is dynamic/trailing stop loss
Exit point:
1.will be updated later in the comments box