On February 15th, we received an entry signal when the PSAR turned bullish. On February 18th, the PSAR was hit, signaling an exit. On February 22nd, the day closed above the initial entry level from February 15th. This gives us a potential opportunity to enter again since we had a close above the original entry signal. You can enter now or wait for the daily close; it’s your choice.
However, there is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or potential profit-taking opportunities.
Thank you!
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