Micro E-mini Nasdaq-100 Index Futures (Dec 2022) forum
> 21790 📈 21880 21970 22060
< 21790 📉 21710 21615 21530
*No guarantee that all levels will be hit. Only can say one of the 🎯 levels will be hit on at least one of the directions, ⬆️ or ⬇️


Indicators:
1. Moving Average (MA): 50-period MA (short-term trend)
2. Relative Strength Index (RSI): 14-period RSI (momentum)
Strategy:
1. Buy Signal: When price crosses above 50-period MA and RSI is below 30 (oversold).
2. Sell Signal: When price crosses below 50-period MA and RSI is above 70 (overbought).
Risk Management:
1. Set stop-loss below/above recent swing low/high.
2. Adjust position size according to risk tolerance.
Remember:
1. Backtest and validate the strategy.
2. Combine with other analysis tools for better accuracy.
This strategy uses MA for trend direction and RSI for momentum.
Trading Strategy
Buy Setup:
Entry: 21,741.25 USD
TP1: 21,800.00 USD (58.75 pips)
TP2: 22,000.00 USD (258.75 pips)
SL: 21,385.00 USD (356.25 pips)
Sell Setup:
Entry: 21,385.00 USD
TP1: 21,203.50 USD (181.50 pips)
TP2: 21,140.95 USD (244.05 pips)
SL: 21,741.25 USD (356.25 pips)
tradingview.com/x/WKXi6clP/

