M= Market is trading above the 50EMA, signifying an uptrend.
A= Area of Value is 38.2% Fibbo Retracement Level,Previous S&R, 50EMA and the TrendLine .
E= For Entries, Look for rejection candles on the 38.2% Fibbo Level to BUY.
E= Exit @ TP1 and TP2
A= Area of Value is 38.2% Fibbo Retracement Level,Previous S&R, 50EMA and the TrendLine .
E= For Entries, Look for rejection candles on the 38.2% Fibbo Level to BUY.
E= Exit @ TP1 and TP2
Note
Trade ActivatedNote
Move stop loss to breakeven
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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.