Wednesday, February 25, 2015

25/02/2015 Trade no 33 Microsoft short

60 min MACD negative,close to upper bollinger band.
30 min macd negative:
Day trend down.%0 day MA is around 45.
5h trend is not MA 50 but MA20.
Overall I needed a short trade to balance the overall position at the moment.
This is a good candidate.

Below is the setup:

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