Breakout The Phases Zone

breakout strategy forex

Breakout The Phases Zone

Breakout the Phases Zone is a forex strategy base on the breakout of the support and Resistance area.
Time Fra H1, H4.
Currency pairs: All Pairs

Metatrader indicators
Phase V.8;
MA-Shade 5-25;
Damiani Volameter (7,50, 1.3, true).

Rules Breakout The Phases Zone

Buy Entry
Wait that the price broken the support or resistance area (red zone or green zone) from down to up.
MA-shade green bar.
Damiani Volameter green line above white line (optional)
Initial stop loss 5 pips below the Phase Zone H1 TF ( TF H4 15 pips)
Make profit on the next pivot level or profit target predetermined ratio 1.3 stop loss.

Sell Entry
Wait that the price broken the support or resistance area (red zone or green zone) from up to down.
MA-shade blue bar.
Damiani Volameter green line above white line (optional).
Initial stop loss 5 pips above the Phase Zone H1 TF ( TF H4 15 pips).
Make profit on the next pivot level or profit target predetermined ratio 1.3 stop loss.

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