Below is the chart with uptrend with day ma50 support.
Not the best position but to balance overall direction risk I needed a long trade.So I took this one.
Meanwhile DSM opened weak.The setup looks like broken as below 5h chart shows.
From the experience in Mittal, I will wait for the 5min MA50 to be broken to stop. Currently at 47.12
Meanwhile the trend might return back.
No comments:
Post a Comment