I would still prefer a long position for now. Given SMA 50 is still above SMA 100 & SMA 200 Entry Limit = 1.0576 TP = 1.0600 SL = 1.0560 Cheers
I would still prefer a long position for now. Given SMA 50 is still above SMA 100 & SMA 200 Entry Limit = 1.0576 TP = 1.0600 SL = 1.0560 Cheers
Long Limit = 1.05800 TP = 1.06100 SL = 1.05600 SMA 50 intercepted SMA 200, upward trending forming
Suggest to buy at SMA 200 levels..around 12.50 Cut loss @ 11.80 levels, TP 14.50 Reasoning :- 1) SMA 100 has broken 2) formation of bullish bat before rebounces 3) upward trendline