Channel Breakout trade
Channel Breakout Trade
The script had been moving between the channel.
Will wait for channel breakout and wait for the next candle formation.
If it breaches the resistance will buy it keeping the SL at new support which is previous resistance.
Alternatively if a red candle is formed we can short keeping 1 point above the existing resistance as stop loss. Need to observe this.
The script had been moving between the channel.
Will wait for channel breakout and wait for the next candle formation.
If it breaches the resistance will buy it keeping the SL at new support which is previous resistance.
Alternatively if a red candle is formed we can short keeping 1 point above the existing resistance as stop loss. Need to observe this.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.