TASCO is in an uptrend and it tend to respect the 20 ema. the price has been under the 20 ema for a while but now it have been back above the ema 20. (1.13) is the resistance to break for TASCO to continue its uptrend. it it fail to open above 1.13 when the market open tomorrow, im expecting a re-test to 20 ema and then TASCO will likely to break the 1.13...
Question you need to ask yourself :-
1) Is it UPTREND ? ema 20 > ema 50
2) Is it BULLISH ? price > ema 50
3) Is it STRONG BULL ? fift positive
If yes,
4) Where is your Support and Stop Loss ? 1.9
5) Where is your Entry Point ? wait til 2.16
6) What is the % risk (Stop Loss - Entry Point)/Entry Point 12%
7) Can you take this N% risk ? yes
8) you got a setup if...
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