Price is in between 50 sma and 100 sma Chart showed good example price goes halfway and falls back to 50 sma Macd above 0 level line Bullish bias Price will continue to 100 sma or may fall back to 50 sma again If price falls back to 50 sma it will continue falling or bounce towards 100 sma Watch Macd for direction Two possible ENTRIES Take Profit is either 50 pips or the 100 sma SL below 50 sma
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Price did fall below 50 sma New Entry point short New Take Profit