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I found this interesting setups today on EUR/USD & GBP/USD based on Strategy - 4 (Ashi Strategy)
EUR/USD: If price breaks above the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then buy. If price breaks below the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then sell. TP 30 pips on either side. SL nearest swing high / low.
GBP/USD: If price breaks above the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then buy. If price breaks below the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then sell. TP 30 pips on either side. SL nearest swing high / low.
I found this interesting setups today on EUR/USD & GBP/USD based on Strategy - 4 (Ashi Strategy)
EUR/USD: If price breaks above the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then buy. If price breaks below the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then sell. TP 30 pips on either side. SL nearest swing high / low.
GBP/USD: If price breaks above the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then buy. If price breaks below the envelop, ADX points north and above 22 level, MACD bar appears above 0 level, then sell. TP 30 pips on either side. SL nearest swing high / low.
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