1) VSA: Decent volume on h4/h1 TF
2) MA 50/200 cross
p.s. purple line - upper macro downtrend border. Breakout on 01/14/20 on decent volume.
short orange line - breakout correction level (8200-8000).
Chances are high that we're going to test weekly resistance at 9500-9550. Thus, decided to long.
2) MA 50/200 cross
p.s. purple line - upper macro downtrend border. Breakout on 01/14/20 on decent volume.
short orange line - breakout correction level (8200-8000).
Chances are high that we're going to test weekly resistance at 9500-9550. Thus, decided to long.
Trade closed manually:
Closed @8978. Don't like a price action at 9100-9150 level (previous high). Better to be on the sidelines and wait.
