A Winidow is formed in the security in 1h time frame. The security is trading near the resistance of the window, the security closing above the window would be an opportunity to buy the security for a continuous upward trend. Security respecting resistance would be an opportunity to sell the security.

The Security is trading above the EMA indicating positive move, if the security trades above the resistance and EMA supporting the move would be an great opportunity to enter long in security, vise-versa for short

Enter long only if RSI is supporting and is not trading above 80, for short it should not trade below 20

Window

Aug 06 2022