Technical analysis based on Basic BBMA strategies ( Bollinger Band and Moving Average) . This is just a prediction where the market go. TAYOR.
Buy Setup
Entry point: Reentry Zone or Reentry MHV 1274.83
Cutloss : When CS able to close and break Low BB as Momentum Sell.
TP 1: Top BB H1
TP 2: Top BB H4
Deduction: Just wait for price to retest on Reentry MHV and close as reject or set pending order.
Buy Setup
Entry point: Reentry Zone or Reentry MHV 1274.83
Cutloss : When CS able to close and break Low BB as Momentum Sell.
TP 1: Top BB H1
TP 2: Top BB H4
Deduction: Just wait for price to retest on Reentry MHV and close as reject or set pending order.
Trade closed: stop reached:
Cutloss now 20pips or wait for small pullback. Why: CS Break and close Low BB