Setup: ROOK is testing its last all time low which is the green line. It is getting squeezed by the 8 EMA and there is a descending triangle formed, signaling a breakdown is happening. When the breakdown occurs, ROOK will be at an all time low
Entry: 1 ATR below the green line at 97.21
SL: 108.45( trail using 1 ATR above 8 ema)
TP: Trail using 1 ATR above 8 ema)
Entry: 1 ATR below the green line at 97.21
SL: 108.45( trail using 1 ATR above 8 ema)
TP: Trail using 1 ATR above 8 ema)