MpRarssa

Setup for getting close to a resistance

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OANDA:CADJPY   Dollar Kanada / Yen Jepang
well I try to always talk about some tips in captions I thing trading has sooo many points as you always can be a successful trader just by knowing good tips of your strategy by having a good setup for every situation I name this tip trading and we will go through a new one WHAT TO DO NEAR RESISTANCE :
always remember that is possible if price break your resistance (be aware of fake breaks ) and how you can find out it breaks or not:
1- price get into a wedge movement near of that resistance (small chance of breaking )
2- you can see divergence in the RSI and price (small chance of break)
3-hammer and evening star in 1H and 1D timeframes (small chance of break)
but after all it might be hard to find out so I encourage you always use small SL and triggers for getting into deal and if there is any important knows try to wait until it comes out
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