A doji star formed at daily chart so I placed two stop orders:
1- Buy stop at doji high, Stop loss at doji low and take profit at weekly high; then, if position goes well, TP can be moved to resistance area and SL at fibo 23.
2- Sell stop at doji low, stop loss at doji high, take profit at 75 pips just to have risk/reward ratio above 1 (1.1 in this case).
ADVICE:
This idea is based on my researches, do your own study and don't invest based on this idea only.
If you like my scripts and ideas and find it usefull to you, please consider to offer me a coffee:
Donate 1$ or BTC equivalent at my blockchain wallet 1M4evumNsLBqrovYLpqATiQTLQZXUKZGYU&amount=0.00016041.
Thanks
Please use comment section for any feedback.
1- Buy stop at doji high, Stop loss at doji low and take profit at weekly high; then, if position goes well, TP can be moved to resistance area and SL at fibo 23.
2- Sell stop at doji low, stop loss at doji high, take profit at 75 pips just to have risk/reward ratio above 1 (1.1 in this case).
ADVICE:
This idea is based on my researches, do your own study and don't invest based on this idea only.
If you like my scripts and ideas and find it usefull to you, please consider to offer me a coffee:
Donate 1$ or BTC equivalent at my blockchain wallet 1M4evumNsLBqrovYLpqATiQTLQZXUKZGYU&amount=0.00016041.
Thanks
Please use comment section for any feedback.