MACD declining, pair trading below MA's. Going for a 3-1 RR trade, following the trend at 1h chart.
Following the long-term trend according to 300-MA, MACD also turning upwards.
Pair is trading in a range for the last 10 days, looking for another bounce towards the range's upper band. Sup/Res level used for setting the stop loss.
Level has been confirmed 4 times this month, including the open gap down.
Trusting the monthly resistance for a bounce and a 3:1 RR trade.
Tight stop loss, high reward-to-risk trade.
Following the trend with a 3:1 R:R ratio. - Pair is trading downwards for months. - Pair is trading below key moving averages on 1h chart. - MACD declining, no divergence yet.
Trading for 3:1 (30 pips) reward-to-risk ratio.
Using the 12EMA for (trailing) stop loss at 4-hour chart. Picked old support for target (check daily chart).
MACD trending up and crossed, price closing above 12EMA, expecting a MA-crossover soon to push price further up hopefully.
Price retraced to open gap's support level, penetrated 12EMA, I doubled the range to set target.
Trading above 300MA, price pierced 12EMA, MACD crossed, RSI not overbought.
Going for a 9 Risk-Reward ratio trade.
60-MA crosses 300-MA. Using 12-EMA for stop loss/trailing.
Using the 12-EMA to set the stop/trailing stop. MACD is going up, RSI not overbought, price crossing 60-MA.
ACOR has declined down to the 300-day moving average. Today it completed a double bottom, bouncing off the moving average while MACD's blue line has crossed the slow moving average. Stop loss will trigger only on a CLOSE below today's candlestick low, and it may convert into a trailing stop, using either the 12 or 60-day MA.
Pair is trading below slow moving average at 4h expecting a breakdown of other MAs. MACD crossed, stop loss above recent high or at a close above MA, profit target at recent low. Read the full analysis at my blog post: www.tradinggraphs.com
Went long at 5, SL one dollar, sky's the limit.