FCPO 12 Oct 2021 : Breakout EMA50
Updated
1. Yesterday 15min CS have a reversal pattern with bearish engulfing @ 5min TF.
2. Today's price has a valid breakout of EMA50. there are 2 possibilities when price breakout EMA50 :
i) Bigger sideway range
ii) Continue downtrend
3. Signal: 1st pullback after a breakout
4. Entry: After bearish engulfing 5min + 15min Bearish engulfing
5. SL: 10tick above highest pullback CS.
6. TP: target support area / until 15min have reversal CS.
TAYOR
2. Today's price has a valid breakout of EMA50. there are 2 possibilities when price breakout EMA50 :
i) Bigger sideway range
ii) Continue downtrend
3. Signal: 1st pullback after a breakout
4. Entry: After bearish engulfing 5min + 15min Bearish engulfing
5. SL: 10tick above highest pullback CS.
6. TP: target support area / until 15min have reversal CS.
TAYOR
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