We were able to use the rebound on the EMA50 for a long entry and were stopped out with +0.7R. This would be possible again today.
But today I would like to show you the preparation for the next trade. I showed you how to trade last time. But it could soon be activated a trade on the short side. Therefore we will look at the preparations for this today:
If a daily closing price under the EMA 50 as well as the EMA 50 turns to falling, then a short signal is generated. The target price would be $ 295 on the one hand and $ 286 on the other. Stop Loss would have to be set quite tightly at $385.