indicators used :
-
EMA 20 close and EMA 50 close
-
RSI (14) level 50
-
swing high and swing low
When a recent swing high breaks support with
RSI (14) above 50 along with
EMA (close) 20 > EMA (close) 50
place a buy arrow target nearest pivot/support/resistance
Stoploss will be anyone which comes at first
- nearest swing low
- EMA change of trend
- RSI(14) < 50
When a recent swing low breaks with
RSI (14) below 50 along with
EMA (close ) 20 < EMA (close ) 50
plot a sell arrow target near by resistance/support/pivot levels
Stoploss will be anyone which comes at first
- nearest swing high
- EMA change of trend
- RSI(14) > 50