SravanMac

Goldencross series PT-4:Auto ancillary

Long
NSE:FMGOETZE   FED MOGUL GOETZE
*Golden cross strategy is one of the best strategy used for long term investing.
*After long consolidation it gets rebounded from 200EMA which indicates buyers want to take the dip.
Follow the FIVE rules below: 👇
1) Book 50% profit at TP-1
2) Book whole profit at TP-2 or wait for death cross and book whole profit when happened
3) Stoploss is when death cross happened
4) Wait as long as it hits TP as it is sluggish but strong bullish strategy.
5)Study the price action yourself.
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