FCPO 26 August 2021 : Trade Inverse HnS
1. Yesterday's price was able to break out the resistance.
2. Rejection of EMA50+EMA200 indicates strong uptrend movement.
3. Today price is still in the range to accumulate before the mark-up phase.
4. 1230pm 15min CS have rejection CS indicate strong uptrend momentum.
Trading strategy :
1. Entry after 15min rejection CS.
2. Close entry if again reject the current resistance (range).
2. Rejection of EMA50+EMA200 indicates strong uptrend movement.
3. Today price is still in the range to accumulate before the mark-up phase.
4. 1230pm 15min CS have rejection CS indicate strong uptrend momentum.
Trading strategy :
1. Entry after 15min rejection CS.
2. Close entry if again reject the current resistance (range).
Comment:
Valid breakout..
Trade active
