Hello traders, I just completed a trade on NATGAS using SMA_EMA50&200. We can see that the price consolidated above the 200 day average for quite some time, meanwhile the 50 day average and SMA crossed each other earlier. When the price breaks out the consolidation area, it trades between the 50 day average and SMA line, our entry point was on the SMA line which...
hello traders, a few days ago I performed this analysis on the EURUSD pair. on the first 5min chart we have a bullish breakout from a downtrend, that specific area would be my entry point with SP bellow the breakout. On the second 30min chart, we have another breakout that indicates to hold the position and short it at 1.19100+. Also the second chart could...