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How to find the correct entry and exit points
Accuracy rate as high as 98%
First, choose those varieties that break through at a relatively bottom position, which has a higher success rate. Do not participate in varieties that are consolidating at a relatively high level.
Second, if the product you are interested in has a negative line at this time, you must not be anxious and wait until the price returns to the 10-day moving average before opening a position.
Third, even if there is a strong washout, it will generally not fall below the 10-day moving average, so the vicinity of the 10-day moving average can be regarded as a low entry point.
Fourth, when a currency consolidates for more than 14 days, the loss should be stopped immediately.
Fifth, if the currency price falls below the 10-day moving average, stop loss should be considered as soon as possible.