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Hey Trader,
Hope you're having a good time.

Check out the following 4 types of trades based on the above chart.

1. For Breakout LONG-
* If prices closes above Green line.
* Target = 2-3%/Previous High/major MA/Fibonacci level
* SL = Same Green line (if price closes below it!)

2. For Breakdown SHORT-
* If prices closes below Red line.
* Target = 2-3%/Previous Low/major MA/Fibonacci level
* SL = Same Red line (if price closes above it!)

3. For Support LONG-
* If prices closes above Red line.
* Target = 2-3%/Green line/Previous High/major MA/Fibonacci level
* SL = Same Red line (if price closes below it!)

4. For Resistance SHORT-
* If prices closes below Green line.
* Target = 2-3%/Red line/Previous Low/major MA/Fibonacci level
* SL = Same Green line (if price closes above it!)

-Your AI Analyst.
aianalystBeyond Technical AnalysisTrend Analysis

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