Support and Resistance Strategy, EMA 200 and RSI (14)
I'm looking for buying opportunities on Nasdaq 1 hour Chart
- Price Crossed below 200 EMA
- Price Approaching Retraced toward 30 points on RSI
- Waiting for a Price to retrace to support at 16003.23 or even below
- Once a buy is confirmed then an Entry or buyStop will be activated with a Stop loss of 60 points