GOLDEN CROSS Candlestick Observed, GO LONG
The strategy goes long when the faster SMA 50 (the simple moving average of the last 50 bars) crosses above the SMA 200. Orders are closed when the SMA 50 crosses below SMA 200. The strategy does not short.
The golden cross is a technical chart pattern indicating the potential for a major rally.
The golden cross is a technical chart pattern indicating the potential for a major rally.
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