Long MAIL
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the local resistance level of an equilateral triangle created by the trend support level of the channel.
Attention to the area highlighted by the ellipse between the resistance of the triangle and the channel, this is an important zone because there may be strong resistance to further price growth.
*Possible closing of a trade before reaching the take/stop zone.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone, breaking the red zone as the support level of the triangle and the channel.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the local resistance level of an equilateral triangle created by the trend support level of the channel.
Attention to the area highlighted by the ellipse between the resistance of the triangle and the channel, this is an important zone because there may be strong resistance to further price growth.
*Possible closing of a trade before reaching the take/stop zone.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - the stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone, breaking the red zone as the support level of the triangle and the channel.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
Đóng lệnh: dừng lỗ
** Resistance in the selected area of the ellipse has worked out at 100%