Rectangle bottom as seen in the chart.
Tend to breakout from support.
Option A: To buy @ 83 which is at the bottom of the rectangle.
If it does not break out, we can minimize loss if it breaks downward.
Option B: To buy @ 114 when it breaks out of the chart.
Indicator
Break upward, when the candles closes above the support trend line
Stop loss:
Break downward, when the candle closes below the resistance trend line.
Tend to breakout from support.
Option A: To buy @ 83 which is at the bottom of the rectangle.
If it does not break out, we can minimize loss if it breaks downward.
Option B: To buy @ 114 when it breaks out of the chart.
Indicator
Break upward, when the candles closes above the support trend line
Stop loss:
Break downward, when the candle closes below the resistance trend line.
Nota
There's a typo error. Please refer below for update.Rectangle bottom. Buy opportunity.
Option A: To buy @ 83 which is at the bottom of the rectangle.
If it does not move upwards and break out at the resistance of 114, we can minimize loss if it breaks downward below 83.
Option B: To buy @ 114 when it breaks out of the resistance line.
Indicator
Break upward, when the candles closes above the resistance trend line
Stop loss:
Break downward, when the candle closes below the support trend line.
Trade attivo
Started buy trade at 91.18. The price is near the lower trend line.
Trade chiuso: stop raggiunto
Closed at 83. Loss @ 9%.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.