01/01/2021
Long @ 2271.80 SL 2140
Value:
Price @ Supply Zone,
Price Crosses 20 & 50 EMA Contraction,
RSI reversed from 40
Trigger:
Bullish Candle breakout Descending Channel,
Price 3% up, Price close > Last week close
RS > 0, possible descending channel breakout
Weekly Candle, Hammer
Long @ 2271.80 SL 2140
Value:
Price @ Supply Zone,
Price Crosses 20 & 50 EMA Contraction,
RSI reversed from 40
Trigger:
Bullish Candle breakout Descending Channel,
Price 3% up, Price close > Last week close
RS > 0, possible descending channel breakout
Weekly Candle, Hammer
Trade active:
Stock confirming reversal.
SRS & ARS are above trendline.
Add more when 1HR RSI is oversold position,
SRS & ARS are above trendline.
Add more when 1HR RSI is oversold position,
Trade closed: stop reached