In the NU / ND type trend follow-up trading strategy, it is fundamental not to trade against the trend.
On March 19, the price fell to 16,358 yen and the low was updated, and the place was short-term. After opening the window and exceeding the 5-day MA on the 24th, there was a sharp rise in the rebound, recovering from milestones of \ 17,000, \ 18,000 and \ 19,000 in just two days. Bollinger Bands have continued their bandwalk since the transition to the downtrend in late February, but have now ended and are now turning to an uptrend. A golden cross has appeared in MACD. I haven't yet confirmed that the wave is complete, and I would like to assume a rebound rise to the 25th MA. A trend line has been added. #Rika trend However, this week we will be extinguished and we will have a change day in the Ichimokukinkohyo in Japan and the United States. It's no wonder that adjustments are made at any time for the sudden rise. Since the transition to the downtrend in the medium to long term, there has been no change in the subsequent trend at this time. In the trend follow strategy, it may be better to continue rebounding or selling back on short-term trading in the contrarian strategy.
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