Price is above 50 sma
Long Trade
Buy when a candle closes above green resistance line
and Macd is is above zero line
Long TP @ 1.3170
Short Trade
Price falls below 50 sma
Sell Stop @ 1.3125
Short Take Profit 2 1.3055
Price should fall quickly
If price stalls take profit at 30 to 50 pips
Close trade if Macd goes above zero line
Find your own SL
Long Trade
Buy when a candle closes above green resistance line
and Macd is is above zero line
Long TP @ 1.3170
Short Trade
Price falls below 50 sma
Sell Stop @ 1.3125
Short Take Profit 2 1.3055
Price should fall quickly
If price stalls take profit at 30 to 50 pips
Close trade if Macd goes above zero line
Find your own SL
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.