Price is deciding what to do
Long trade
Retest 50 sma
Buy Stop @ 1.1605
Buy Take Profit @ 1.1630
You determine SL
Short trade
Sell Stop @ 1.1567
Sell Take Profit @ 1.1541
You determine SL
Long trade
Retest 50 sma
Buy Stop @ 1.1605
Buy Take Profit @ 1.1630
You determine SL
Short trade
Sell Stop @ 1.1567
Sell Take Profit @ 1.1541
You determine SL
Note
Looks like the Bulls are in chargeNote
Price reversed bearish and hit take profitExample of stop & reverse trade
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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.