CROSS OVER OF 100 AND 200 MA ON DAILY TIME FRAME
A very good entry on the bounce of 100 moving average on 200 SMA
You can go for long entry because their is great support of 2 moving Averages but if price go down just wait
For an upward rejection for long entry
I will not recommend u for short entry
Target - as much u can go with help of MA
SL -below 200 SMA
And let the price go up
Alway remember - 1)we are not here to earn money we are here to protect our capital so risk management is very important
2) stick to process not the profit
3) let ur winner running and cut ur loss as soon as possible
A very good entry on the bounce of 100 moving average on 200 SMA
You can go for long entry because their is great support of 2 moving Averages but if price go down just wait
For an upward rejection for long entry
I will not recommend u for short entry
Target - as much u can go with help of MA
SL -below 200 SMA
And let the price go up
Alway remember - 1)we are not here to earn money we are here to protect our capital so risk management is very important
2) stick to process not the profit
3) let ur winner running and cut ur loss as soon as possible