The price is stuck in the range on 4 hour time frame and now it is going to break upward and use 50sma
According to great traders the price penitrate Moving average 2-3 times before trending (50SMA)
You can go for long position if price break and ( retest or take pullback )
Target - as much as u can go with help of Moving averages
SL- Below the resistance level
According to great traders the price penitrate Moving average 2-3 times before trending (50SMA)
You can go for long position if price break and ( retest or take pullback )
Target - as much as u can go with help of Moving averages
SL- Below the resistance level