Setup Near Congestion Zone

Trading near a congestion zone is similar to a support/resistance zone. The logic is the same – there is a zone with an high potential to reverse the market, and so, if the market gives these strength signs, you should get ready to get in.

In this setup, look for:

  1. Strong signals above the congestion zone
  2. A slight uptrend

 

FULL Version:

Stop-loss: Set the stop-loss at the red dot.
Take-profit: Set the take-profit at the green dot.
Move stop-loss: When price reaches the blue dot (the indicator will automatically alert you), close half the trade

 

congestions-alerts EURUSDH1-congestionsnearby2 (1)