Entry on support/trend line. Waited until price descended to support/trend line for entry and was in immediate profit...but there was a drama, like always :) Exited at 20.6730 at 06/06/2024 05:53:53 but lost the spike up. Nevertheless, grateful for closing with a profit after holding on to this trade for 2 days.
This was a wrong entry but managed to get out with a small profit.
Didn't take this trade as I had two other open positions. Would have been in the green if it was taken.
EMA210>EMA21>EMA50 RSI above 20 in blue zone MACD positive, pointing up HH, HL visible, clear trend
When 10 EMA crosses down 21 EMA, that's early signs of trend reversal. I didn't Long on this setup taking cue from the EMA movement and it turned out to be the right decision.