you should always try to find price near support level in these types of trade setup.
First you should the range-
. There are two type of range as per my setup
1. small range
2. huge range
1. Small range- one can trade as range breakout because there are less chances of breakout failure( if fail then very small stop loss due to small range)
either place a trade at lower of range or at breakout ( risk reward will differ a little)
2.Huge range- Do not try to trade at breakout of range because there are more chances of breakout failure
try to enter at lower of range ( risk reward ratios much high because SL is very little )
Happy Trading!!
First you should the range-
. There are two type of range as per my setup
1. small range
2. huge range
1. Small range- one can trade as range breakout because there are less chances of breakout failure( if fail then very small stop loss due to small range)
either place a trade at lower of range or at breakout ( risk reward will differ a little)
2.Huge range- Do not try to trade at breakout of range because there are more chances of breakout failure
try to enter at lower of range ( risk reward ratios much high because SL is very little )
Happy Trading!!
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.