Step #1: Make Sure Your Chart Setup Configuration Looks the Same as our Price Chart
Step #2: Wait for ATR Indicator to break above 20-EMA
Step #3: Check the Price Chart to Ensure the ATR Breakout is followed by a Price Breakout
Step #4: Enter Short Once we break Below the Low of the Breakout Candle
Step #5: Your Take Profit Target should be Equal to the ATR indicator value
Step #5: You determine your own TP strategy
Step #6: Place the Stop Loss above the Breakout Candle High
Note** The above was an example of a SELL trade. Use the same rules – but with the only difference that you need a bullish breakout candle – for a BUY trade.
Step #2: Wait for ATR Indicator to break above 20-EMA
Step #3: Check the Price Chart to Ensure the ATR Breakout is followed by a Price Breakout
Step #4: Enter Short Once we break Below the Low of the Breakout Candle
Step #5: Your Take Profit Target should be Equal to the ATR indicator value
Step #5: You determine your own TP strategy
Step #6: Place the Stop Loss above the Breakout Candle High
Note** The above was an example of a SELL trade. Use the same rules – but with the only difference that you need a bullish breakout candle – for a BUY trade.
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