Price broke below 50 sma and went half way then returned back to the 50 sma.
Now price will continue bullish or bearish.
If bearish it will break below the 50 sma and head to the 100 sma.
I have Sell Stop at just below the 50 sma and just below the recent fractal low in the middle.
Take Profit will be just above the 100 sma
Now price will continue bullish or bearish.
If bearish it will break below the 50 sma and head to the 100 sma.
I have Sell Stop at just below the 50 sma and just below the recent fractal low in the middle.
Take Profit will be just above the 100 sma
Note
1st Sell Stop hit
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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.