Educational Study Lower High and Moving Average
Educational Study
Lower High and Moving Average
We know that LH,LL means downtrend
By using MA, we can observe the trend
change and find good opportunity
to set up a trading plan.
in 1H chart, Silver already makes
Lower high and lower low
15.24 is now the 100 MA and 144,169 EMA
If Price pull back to this level
we can enter a short
SL: above the recent High.(same level with 200 MA)
TP1:14.90
TP2: 14.63
Lower High and Moving Average
We know that LH,LL means downtrend
By using MA, we can observe the trend
change and find good opportunity
to set up a trading plan.
in 1H chart, Silver already makes
Lower high and lower low
15.24 is now the 100 MA and 144,169 EMA
If Price pull back to this level
we can enter a short
SL: above the recent High.(same level with 200 MA)
TP1:14.90
TP2: 14.63