Consolidation range EXAPLE
you can se that price is stuck in the range on 4 hour time frame
I prefer to take entry on the first pullback after breakout or breakdown
But in this case I enter the trade with breakdown become I get 2 confirmation
The RSI level is falling below 50 and a golden crossover of 50 and 200SMA
SL - NEAR THE CROSSOVER
TARGET - AS MUCH U CAN GO WITH HELP OF MOVING AVERAGE
BUT IF U WANT TO PLAY SAFE THEN ENTER ON FIRST PULLBACK
I AM A EXPERIENCE TRADER SO I ENTER ON THE BREAKDOWN
BE PATIENT AND KEEP LEARNING FROM UR MISTAKE . ALWAY MANAGE UR RISK
FROM MY EARLIER POST U CAN ALSO LEARN HOW TO AVOID FALSE BREAKOUT
I prefer to take entry on the first pullback after breakout or breakdown
But in this case I enter the trade with breakdown become I get 2 confirmation
The RSI level is falling below 50 and a golden crossover of 50 and 200SMA
SL - NEAR THE CROSSOVER
TARGET - AS MUCH U CAN GO WITH HELP OF MOVING AVERAGE
BUT IF U WANT TO PLAY SAFE THEN ENTER ON FIRST PULLBACK
I AM A EXPERIENCE TRADER SO I ENTER ON THE BREAKDOWN
BE PATIENT AND KEEP LEARNING FROM UR MISTAKE . ALWAY MANAGE UR RISK
FROM MY EARLIER POST U CAN ALSO LEARN HOW TO AVOID FALSE BREAKOUT
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.