Price is between 50 sma and 100 sma
Price below 50 sma so bearish bias
If price breaks above 50 sma again
Long Trade
Buy Stop @ 143.20
1st Buy Take Profit @ 143.60
2nd Buy Take Profit @ 144.60
If price stays below 50 sma
Short trade
Sell Limit @ 142.90
Sell Stop @ 142.20
Sell Take Profit 141.40
Watch Macd for direction
Find a SL
Price below 50 sma so bearish bias
If price breaks above 50 sma again
Long Trade
Buy Stop @ 143.20
1st Buy Take Profit @ 143.60
2nd Buy Take Profit @ 144.60
If price stays below 50 sma
Short trade
Sell Limit @ 142.90
Sell Stop @ 142.20
Sell Take Profit 141.40
Watch Macd for direction
Find a SL
Note
30M CHART PERSPECTIVE
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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.