ZEEL appears to be respecting the trend line. The MACD hasn't given signal but this seems to be good to me. As always, ensure that you follow your risk management plan before taking any trade!
1. Bouncing off of 200 ema 2. MACD has given signal. 3. Good R:R.
As you can see, Nestle is respecting the trend line very well and MACD indicator also is showing bullishness. I have placed the order for the mentioned entry price which I am expecting to hit again.
Trend line is broken and MACD is showing bullishness.
At H4, I see consolidation and MACD is also giving bullish view. The trend is also up and it is just above the support band.
MACD is giving confirmation. As expected, we got the entry. I took the entry at half risk.
As per the chart, 1. MACD is giving bullish signal on a Daily timeframe. 2. Trend line is being respected nicely! 3. If it breaks the current target, the next target should be close to 300.
MACD confirmation at H4. Strict stop loss at 470. Ensure that you utilize only 2% of your capital as risk.
Trend line is broken at H4. MACD has crossed below 0 at H4 giving bullish signal. Daily chart looking good as well.
I am expecting that we should get another entry at 32.5. MACD looks bullish as well.