My 3 EMA settings showed us a strong downtrend
Scenario 1
If the price crossed the high border, it means the price will climb until sell zone. We can put buy stop and sell limit order for this scenario. Remember to always watch and see a good pin bar first before you put the order.
Scenario 2
On the opposite, if the price went down and crossed the low border, it means the price will continue their journey until buy zone. You can put buy stop order and buy limit order. Again, remember to always watch and see a good pin bar first before you put the order.
Scenario 1
If the price crossed the high border, it means the price will climb until sell zone. We can put buy stop and sell limit order for this scenario. Remember to always watch and see a good pin bar first before you put the order.
Scenario 2
On the opposite, if the price went down and crossed the low border, it means the price will continue their journey until buy zone. You can put buy stop order and buy limit order. Again, remember to always watch and see a good pin bar first before you put the order.
Trade active:
Scenario 1 is on running, but due to overbought in RSI, we don't have much confidence whatever it will reach the sell zone or not.
So in response, we try to lower our sell zone to the between Drop and Drop area.
Our new range for sell (1.31854~1.32038)
Put the sell order after we found a strong reversal pattern.
So in response, we try to lower our sell zone to the between Drop and Drop area.
Our new range for sell (1.31854~1.32038)
Put the sell order after we found a strong reversal pattern.