Stop Loss for Buy Entry: Place stop loss 3 pips below support. If the histogram of the Volatility indicator spikes abruptly, it is signaling sudden increasing volatility which could result to a whipsaw, hence a trigger to exit or take profit at once.
Sell Entry Rules Enter a sell in the market if the following chart or indicator pattern gets displayed: If the 1min candlestick closes bearish, it indicates that price is being driven lower i.
You can also verify if price closed below it open on the 5min and 15min chart. Stop Loss for Sell Entry: Place stop loss 3 pips above resistance. If the histogram of the Volatility indicator spikes abruptly, it is signaling sudden increasing volatility which could result to a whipsaw, hence a trigger to exit or take profit immediately. Sell Trade Example Fig. Click Here to Leave a Comment Below 0 comments.
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