The support and resistance should guide with the next price movement, if the price falls to the support it should be time for execution predicting for rally to resistance for a very short term trade and if the price breaks the resistance, the execution with should be made with a tight stop loss. As we can also consider the Golden Crossovers in Exponential Moving Averages ie: 20-50, 20 & 50 - 200. Further study should be made.
评论:
We just wait for the price movement, as we trade only the price. act according to the price movement. as A/m if the price hit support we execute with stop loss and if the price breaks the resistance we execute with a stop loss.