Conditions 1 : (Chances Are High)
If It Breaks Below Lower Trend line then go for take profits@ 86.500
Condition 2 : (Chances Are Less)
If it breaks above trend line and has a candle close above upper trend line then buy for take profits@ $91
Major Reasons To Go Short:
1- Candle Closing Allows Trend To Change To Downside
2- Upper Divergence
3-Triangle Breakout
4-Triangle Breakout And Closed Candle Confirmation
5-Moving Average Shows Red Signs To Go Short
6-High Volume Due To Compression
7-Moving Averages Far Away Creates An Bearish Volume
8-Vertical Support Broke which indicates Sell Pressure
9-Major Banks Are Willing To Sell on candle close Below Lower Trend line
If It Breaks Below Lower Trend line then go for take profits@ 86.500
Condition 2 : (Chances Are Less)
If it breaks above trend line and has a candle close above upper trend line then buy for take profits@ $91
Major Reasons To Go Short:
1- Candle Closing Allows Trend To Change To Downside
2- Upper Divergence
3-Triangle Breakout
4-Triangle Breakout And Closed Candle Confirmation
5-Moving Average Shows Red Signs To Go Short
6-High Volume Due To Compression
7-Moving Averages Far Away Creates An Bearish Volume
8-Vertical Support Broke which indicates Sell Pressure
9-Major Banks Are Willing To Sell on candle close Below Lower Trend line