About this document
Long Breakout Trading Strategy by Sets Bot is a document available to read on EtoBox.
The document provides guidelines for entering a long position after a breakout above a resistance level. Specifically, it states that resistance should be tested at least three times, the candle should open and close above resistance, and two momentum indicators should confirm an uptrend. It then recommends placing a buy stop limit order above the breakout candle
- Author
- Sets Bot
- Language
- EN