#DayTradingStrategy
#DayTradingStrategy – 1-Day Time Frame Overview
Current Price: $108,670
24h High: $109,684
24h Low: $107,903
MA7: $108,269 → Price is trading above MA7
MA25: $106,276 → Price is also above MA25
Indicators:
RSI: 57.6 – Neither overbought nor oversold, indicating a balanced momentum
MACD: A bullish crossover has occurred, signaling upward momentum
Price Position: Trading above key moving averages (MA7, MA25, MA99)
Bias: Bullish – Greater potential for a long position
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🔹 Long Entry Zone
Entry Range: $108,200 – $108,600
Target 1: $109,680
Target 2: $111,280 (Breakout Target)
Stop Loss: $107,300 (on daily candle close)
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🔻 Short Entry Condition
Consider a short position only if the daily candle closes below $107,300
