ANF Daily Setup

٢٦ أكتوبر ٢٠٢١

ANF setup:

• MACD crossing up
  
• Bullish bar today broke the trend line
  
• 20 EMA crossed above 50 EMA and they are both accelerating up together
  
• 3 bottoms since August
  

Enter above today's high at 39.87

Stop under today's low at 38.42
(More conservative stop is under local low at 36.82)

Take profit just under July high at 47.12

Risk/Reward ratio of 5.0