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OPEN BUY on OPENING CANDLE
Stop Loss? = YES
TAke PROFIT Depend on Movement
CLOSED IF BUY SIGNAL change to SELL/FAIL BUY SIGNAL
WHY BUY on that candle?
check image below
I used trend-line chart and make support/resistant line, so if price open significantly above trendline , i buy
But the fact price still down on next candle so close buy position and wait for next buy signal
Check image below
I dont use red trendline anymore check Aqua color trendline as support was break
Now resistant line is Yellow, if price closed significantly above that line, i will buy
Buy Position?
And check line chart again
CLOSED BUY on RED LINE
Wait next BUY signal again
Check image below
Applied on 15 Mnt TF chart:
BUY if Closed above trendline
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