0013 - Backtest(BT) Gold - Break n Retest
***BACKTEST***
Tendency = Downwards
CONTINUATION
Wait for a break of support (floor).
Wait for a RETEST (where price closes below the previous level of support)
Once price confirms (Candle in our direction) support as a new resistance, it is safe to enter
Price doing this is a continuation of a DOWNTREND
SHIFT
Wait for a break of resistance(ceiling).
Wait for a RETEST (where price closes above the previous level of resistance)
Once price confirms (Candle in our direction) resistance as new support, it is safe to enter
Price doing this is a SHIFT in MOMENTUM
----
30 Pip SL ALWAYS
Break even to 2 pips when 10 pips in profit
Twin Trade
First TP @ 30 pips
Second trade trail SL at every new market structure
Tendency = Downwards
CONTINUATION
Wait for a break of support (floor).
Wait for a RETEST (where price closes below the previous level of support)
Once price confirms (Candle in our direction) support as a new resistance, it is safe to enter
Price doing this is a continuation of a DOWNTREND
SHIFT
Wait for a break of resistance(ceiling).
Wait for a RETEST (where price closes above the previous level of resistance)
Once price confirms (Candle in our direction) resistance as new support, it is safe to enter
Price doing this is a SHIFT in MOMENTUM
----
30 Pip SL ALWAYS
Break even to 2 pips when 10 pips in profit
Twin Trade
First TP @ 30 pips
Second trade trail SL at every new market structure
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.