TFET-SET50Z2023 LONGSET50Z2023 Have reached the trend line with making double bottom it could be long position soon
Set50future
S50U2022 - SHORTRisk taking decisions
Trade setup
1) Price reach supply zone
2) Price stay under uptrend line
3) Risk/Reward ratio more than 3
Trigger
1) Short if price break down from the wedge.
2) Short if price break up and fall right back below wedge
The Stop Loss
Close short if price goes above previous high
The Price Target
Target 1 : 980
Target 2 : 970
The lower targets are long shot
The Reward-to-Risk.
4.39 (Target 2)
SET50 almost be a Evening star after come from bottom 945If they still last candle like this may it happen but we have waiting for confirm by next candle close make lower low last candle or below 990. if it happen that wave from 945 to 1005 it can be a rebound in big timeframe (4H&Day)
