With a cross of the 15SMA and 5EMA and high momentum and MACD bullish, I think this recent pullback is an opportunity to BUY. I normally prefer to BUY at a lower price, say around the 15SMA but having drawn the trendlines, it would appear that that price may be out of reach. Anyway, I have entered a BUY trade so will see how this one works out.
Comment:
Move stop to break even / small profit.
Trade closed: stop reached:
Stopped out. No loss. Looking for another opportunity.
Trade active:
With high momentum and all other parameters in place, I have set another BUY trade from 6124.
Comment:
Move stop to break even / small profit.
Trade closed: stop reached:
Stopped out again. No Loss. Looking for another opportunity.