MACD line is crossing the signal line.
5 day & 8 day SMA's are crossing just before the move indicating a potential downturn
Stochastic K% &D% diving into the momentum zone
MACD histogram showing momentum to the downside
Set up 2X TP
5 day & 8 day SMA's are crossing just before the move indicating a potential downturn
Stochastic K% &D% diving into the momentum zone
MACD histogram showing momentum to the downside
Set up 2X TP
Trade closed: target reached
Hit TP1Now moving SL to break even
Trade closed: target reached
Hit break evenDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.