Identified a Bullish Candle Crossover at the 100 and 10 SMA. Setup a Pending Buy order and waiting for it to be hit or to cancel it before it's hit if there is a bearish signal. Once hit I will be monitoring it for any Bearish signals to close the trade early and minimize losses. And also if the trade goes in my favor, I have certain levels to ensure that I manage to lock in profits and not lose the entire trade in any sudden reversals in the market.
Entry: 0.74697
Stop-Loss: 0.73828
Take Profit: 0.76972
If you're wondering why I have a 100 SMA and not 200 SMA like my previous Publish. As on my actual charts I have 4 SMA in total. 10,50,100 and 200. And I screen the market at hourly and 4 hourly time frames.
I use Fibonacci Levels to set my Stop-loss and Take Profits.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.