I am going to set a Buy Limit order on this idea at 0.59500. If the market revisits this area, my trade will be triggered, and then continue to buy. Here is what I am looking at:
- The candle has crossed above the 200 EMA. If the next candle closes above the 200 EMA, the trend will be confirmed Bullish for me - The MOM is positive - The Stoch is facing up, above 50 and the blue line is above the orange line - These are all Bullish confirmations for me
If you need help understanding Market/Pending Orders, leave a comment below and I will help you!
- Peace and Profits, Cha
Trade active
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Buy limit triggered at 0.59500 and trade is currently in profit.
Comment
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SL Adjusted, market in new demand zone. Fingers crosssedddd