20 day SMA being hit by a long bull run with no retracement. Price will likely push past then bounce back to the 8 day EMA.
Stop is just outside of the price reversal zone.
Komen:
Price is touching the 8 day MA which means there is a possibility of another bounce.
However, crude(CL) is pushing above its 20 day MA and if it finishes the day higher than 31.85 I will keep this trade live as it is a sign of a reversal. Stop has been moved to 2.045
Komen:
Closed out @ 2.0225
~225 pip gain
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
However, crude(CL) is pushing above its 20 day MA and if it finishes the day higher than 31.85 I will keep this trade live as it is a sign of a reversal. Stop has been moved to 2.045