Hello everyone!
I will keep it compact as always:
1. MA 8 crossed MA 50
2. Support broken
3. retesting support that became resistance (fib golden zone)
4. If it cannot break above you know that it is a downtrend
5. enough confirmations
Simple break and retest strategy
I hope you like it!
I will keep it compact as always:
1. MA 8 crossed MA 50
2. Support broken
3. retesting support that became resistance (fib golden zone)
4. If it cannot break above you know that it is a downtrend
5. enough confirmations
Simple break and retest strategy
I hope you like it!
Note
Hello everyone! Just wanted to say... If it does something weird that you didn't see coming, close the trade at breakeven or with a small loss.
Never forget we need to improvise the market!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.