We currently have two options.
1. Breaking the support zone - testing and position to sell.
2. or rejection of the support zone and the possibility to buy. (stop hunt)
If it breaks the resistance zone, the trend can change to an up trend
Twin trade
2 positions are opened:
straight goes 1: 1 30pip SL, 30pip TP
2nd position 30pip SL and TP open and SL moves ::
-on 1: 1 SL to BE
-on 1: 2 SL at 30pip in provit
-and so every 30pip in SL profit follows the trade
1% stake per position
Red zones are possible TP. Places where the price can be deducted and go in the opposite direction.
1. Breaking the support zone - testing and position to sell.
2. or rejection of the support zone and the possibility to buy. (stop hunt)
If it breaks the resistance zone, the trend can change to an up trend
Twin trade
2 positions are opened:
straight goes 1: 1 30pip SL, 30pip TP
2nd position 30pip SL and TP open and SL moves ::
-on 1: 1 SL to BE
-on 1: 2 SL at 30pip in provit
-and so every 30pip in SL profit follows the trade
1% stake per position
Red zones are possible TP. Places where the price can be deducted and go in the opposite direction.