SOL │ 19.10.2023

SOLUSDT.P

Signals for level breakout

• bar/candles closure near the level;
  
• bar/candles closure near its high/low;
  
• close retest of the level;
  
• the instrument gradually approaches the level;
  
• accumulation of energy for level breakout;
  
• a good approach to the level;
  
• decrease in trading volumes before the level;
  
• no response to a false level breakout;
  
• there is a reserve of calculated ATR;
  
• there is a reserve of technical ATR;
  

Personally, I'd like to see another consolidation before the level breakout. I will wait for it. If it doesn't happen, I might choose not to open any trades.

Trade Parameters

1. Open: 23.3530840;
   
2. Stop loss: 23.487664;
   
3. Take profit:
   
   • 22.949344;
     
   • 22.814764;
     
   • 22.6801840;
     
   
   Disclaimer
   Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
   
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