Chart has 50 sma, 100 sma & 200 sma
Price Action needs to be converging around SMA's
Step 1
50 ma cross above 100 sma and candle closed
Enter 1st trade @ 50% trade size
SL below sma's & wicks
TP you decide
Step 2
Price closed above 200 sma
Enter 2nd trade @ 50% trade size
SL below sma's & wicks
TP you decide
Price Action needs to be converging around SMA's
Step 1
50 ma cross above 100 sma and candle closed
Enter 1st trade @ 50% trade size
SL below sma's & wicks
TP you decide
Step 2
Price closed above 200 sma
Enter 2nd trade @ 50% trade size
SL below sma's & wicks
TP you decide
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.