FCPO 17 August 2021

2021년 8월 17일

Yesterday's price was still in the range. Testing support multiple times.

1.Today price open break yesterday resistance.
2.All EMA uptrend
3.Stoch oversold

However, the Stop loss is too large to take.
Wait for another setup with a good risk and reward ratio.

2021년 8월 17일

노트

1. The market build-up at the resistance area indicates the price is doing a valid breakout.
2. Price rejects EMA50 indicates a strong uptrend. Entry position.
3. SL 1xATR from recent support.

Managing trade.
1. Once price hit resistance, set BE

2021년 8월 17일

노트

Price respecting the range. Buy low sell high..

2021년 8월 17일

노트

Breakout support..
1. Fake breakout if 15min CS close inside range and vice versa

2021년 8월 17일

노트

Valid breakout because 2nd candle after breakout closes below support.
Looking for sell entry.

2021년 8월 17일

노트

TP fibo extension 1.618 (4369)
Next Gann line is 4357