New Setup: FWRDFWRD: I have a setup signal(green dot Indictor). It has a good risk-to-reward ratio. I'm looking to enter long near the close of the day if the stock can manage to CLOSE above the last candle highs(white line). If triggered, I will then place a stop-loss below(SL) and a price target above it(TP1-50%,move SL to breakeven). Using the 10SMA as a trailing stop loss.
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Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).