Chart has 50 sma, 100 sma & 200 sma
Price Action needs to be converging around SMA's
Step 1
50 ma cross above 100 sma and candle closed
Enter 1st trade @ 50% trade size
SL below sma's & wicks
TP you decide
Step 2
Price closed above 200 sma
Enter 2nd trade @ 50% trade size
SL below sma's & wicks
TP you decide
Price Action needs to be converging around SMA's
Step 1
50 ma cross above 100 sma and candle closed
Enter 1st trade @ 50% trade size
SL below sma's & wicks
TP you decide
Step 2
Price closed above 200 sma
Enter 2nd trade @ 50% trade size
SL below sma's & wicks
TP you decide
Come learn a new trading strategy at tradingstrategyguides.com?utm_source=tradingview
Our free Telegram channel: t.me/TradingStrategyGuides
Our free Telegram channel: t.me/TradingStrategyGuides