Price on strong sma300+sma400 support Price can easy go now to sma200 and then to a new high This is now the Test of the uptrend. This is a safe way to buy the trend.
BUY 1 SMA400 TO SMA200 BUY 2 the distance between SMA200 TO SMA400 and take profit on Sma400
Price on a major trendline support Its should go up from here, false break of that trendline If go down we got Buy2, take profit at the uptrendline
Price fall and break the SMA200 (blue) and SMA300 (black) Now we got the strong support of SMA400 (pink). On yellow highlight, you can see the Blue Engulfing Candle Stop loss is the distance between sma200 to sma400 + protect by a trend line
Gold on support now at the 4H chart from a Trendline + SMA (Simple Moving Average) We will buy 3 now and 7 at sma400 Take profit 1 sma200 Take profit 2 up trendline Stop loss- The distance between moving average 400 and moving average 200 *Trade small size.
Price after AB=CD We are buying every 100 pips drop Take profit is 200 pips for any buy ( so 1 up move of 200 pips from any level and we make profit) Take profit 2 on the daily SMA200 (300 and 400 also there) Trade same amount size for any entry.
Next strong support when the price gets to SMA300+SMA400 DAILY CHART Price can easily go from SMA400 to new high We will close 80% of the profit at SMA200 and 20% at the up trendline.
S&P500 after a false break of a new high touched a trend line then fall then make ab=cd look chart and see out stop loss and take profit
Price on Trendline support+ Fibo E level
After price close the Gap and up move can come easy now. We are buying every 200 pips same position size 1 up move of 200 pips from any buy price that you see at chart and we close all position (that will bring profit)
After nice support from fibo E level and trend line Price makes a Colors pattern (Blue Red Blue Red) then 2 red ..Blue and again 2 reds, so Blue is coming Just look on stop loss and take profit and you don't must understand above