Previous important support and resistance zones:
*s1: 0.920
*s2: 1.113
*r1: 1.298
Conditions for long:
1.break of trend line
2.break of descending triangle breakout
3.break from momentum indicator trendline
4.resistance from the previous *s1: 0.920 zone
5.volatility increased
6.Money flow index turned green from red
7.di+ is above the di-
8.adx line is above the 20 level
Stoploss:
1.below the previous *s1: 0.920 zone
Take profit:
1.I like to trail the take profit but *s2: 1.113 zone can be next take profit because it was previous support zone then turned into a resistance zone
*s1: 0.920
*s2: 1.113
*r1: 1.298
Conditions for long:
1.break of trend line
2.break of descending triangle breakout
3.break from momentum indicator trendline
4.resistance from the previous *s1: 0.920 zone
5.volatility increased
6.Money flow index turned green from red
7.di+ is above the di-
8.adx line is above the 20 level
Stoploss:
1.below the previous *s1: 0.920 zone
Take profit:
1.I like to trail the take profit but *s2: 1.113 zone can be next take profit because it was previous support zone then turned into a resistance zone
