PENDLE Trading Plan - Stop Profit or Increase - Key Price 5.8
1. Trading cycle: PENDLE I am a weekly K-level transaction
2. Cost: I entered the market when the price dropped from 4.4 to 3.8 a few weeks ago.
3. K stick: The current daily line continues to gap downward to generate daily FVG, and the next challenge is daily FVG below 5.8.
4. Moving average: The current week is not strong, but the order is pretty good. There is a chance to break through.
5.TPO: There is a weekly K support around 5.8.
6. VRPR: 5.8 and above accumulate a lot of chips, 5.8 has a notch.
7.RSI: 8-day RSI has no overshooting situation
8.trendline: The structure is destroyed downwards
9.OBV: No statement yet
10. Chips flowing out
11. Entry and exit
Key price 5.8
60 minutes k 20-40 K sticks step firmly or falsely fall below to increase the position
Falling below the profit limit
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