I will have 50 Pips Trailing Stop because on daily chart, stochRSI is oversold:
shomonrobie
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StochRSI is oversole on daily - that need to be considered though:
KathysTheStockGal
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yes i posted a emerging butterfly pattern on GBPAUD Daily day b4 yesterday. D around 1.67-1.69
shomonrobie
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I think the entry could be counter trend line break or a bullish candle stick formation to go long!
KathysTheStockGal
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lol I just post this afew min ago I am glad I address the issue. :)
shomonrobie
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i agree with you!
KathysTheStockGal
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:)
PredictorMain
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if it breaks what happens?
KathysTheStockGal
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it is ok to break. wht we do NOT want is break, Close below the trend line and 2nd candle OPEN and CLOSE Below the trend line. THat will be confirmed break of the trend line. will c