Buyers emerged in July, September and October 2013 at the 100dma channel low...
Will they repeat the pattern or just push lower with conviction ?
Market parameters are clear, and risk defined.
I'll try to buy it in the next 5 sessions, if we can keep closes in the 100 dma channel.
Closing below the 100 dma channel would send quite a bearish signal and I wouldn't be long in such a case.
Will they repeat the pattern or just push lower with conviction ?
Market parameters are clear, and risk defined.
I'll try to buy it in the next 5 sessions, if we can keep closes in the 100 dma channel.
Closing below the 100 dma channel would send quite a bearish signal and I wouldn't be long in such a case.
Trading success is not going to be entering winning trades, but how you exit your losing trades.