HD Long on SMA 200 bounce

By zukedu
تم تحديثه
Pros:
- FI and MACD both trace higher low even when the price is at lower low.
- RSI traced double bottom and RSI starting to slope up
- MACD histogram in weekly trend has alredy ticked down quite abit (lower potential downside) لقطة
- High potential profit if prices break above SMA200. Can realistically expect 4R-5R profits

Cons:
- Volume on red days still relatively high. Ideally would prefer a decline in red days volume as prices goes down for Long trade. I am betting on the SMA 200 holding based on FI, MACD and RSI
تعليق
Profit at around 1.5R now. Move stop lost to breakevent at 215. Very good position now for a 0 to 3 risk:reward trade
تعليق
Exited at 232.15 because I am worried about the strong resistance 232.85
Ascending ChannelChart PatternsforceindexTechnical IndicatorsTrend Analysis

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