MMAG Mid Term Setup
Setup strategy:
Wait for price to test on green support zone for better risk and reward ratio, as strong downward pressure is still on the way from Monthly chart.
RSI index at neutral.
Price at Bolinger Band Mean line.
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
Wait for price to test on green support zone for better risk and reward ratio, as strong downward pressure is still on the way from Monthly chart.
RSI index at neutral.
Price at Bolinger Band Mean line.
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.