Price can return back to 50 sma
Long Trade
There it can bounce off the 50 sma and move back up to the 100 sma
Buy Limit by 50 sma @ 1.3025
Buy Take Profit @ 1.3090
You determine SL
Short Trade
or price can close below 50 sma
Sell Stop entry on a 15m break-hook-go
1st Sell Take Profit @ 1.29675
2nd Sell Take Profit above 800 sma @ .2910
You determine SL
Long Trade
There it can bounce off the 50 sma and move back up to the 100 sma
Buy Limit by 50 sma @ 1.3025
Buy Take Profit @ 1.3090
You determine SL
Short Trade
or price can close below 50 sma
Sell Stop entry on a 15m break-hook-go
1st Sell Take Profit @ 1.29675
2nd Sell Take Profit above 800 sma @ .2910
You determine SL
Note
Price did not fall back to 50 sma for an entry but did continue up to 100 sma
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.