Timeframe: Any
Recommend pair: Any
Indicator: MA, Trendline
Platform: MT4, TradingView
Long trade setup
Entry
The overall trend should be downwards. The price must break above the trendline and the MA.
Take-profit
Set take-profit at a recent high from the entry point.
Stop-loss
Place a stop-loss at the recent low from the entry point.
Example:
The chart below shows when it moves above the trendline and MA; it presents a long entry point.
Long trade setup
Short trade setup
Entry
The overall trend should be upwards. The price must break below the trendline and the MA.
Take-profit
Set take-profit at a recent low from the entry point.
Stop-loss
Place a stop-loss at the recent high from the entry point.
Example:
The chart below shows when it moves below the trendline and MA; it presents a short entry point.
Short trade setup
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