There is a support from 44 MA and as well as there a double bottom .Stop loss is just below the moving average and the support and resistance area.You can also choose 50 but i prefer 44MA
Risk and Reward is 1:2 .
Also double comformation is giving by support and resistance area .
Trade must go on for one week or so .
Risk and Reward is 1:2 .
Also double comformation is giving by support and resistance area .
Trade must go on for one week or so .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.