GOLDMAN SACHS EUR HIGH YIELD BOND ACTIVE UCITS ETF (EUR) GXHY.DE

A classic falling-knife setup. Price is below SMA 20 and the moving averages are declining. Early bounces inside downtrends often fade. Wait for price to reclaim SMA 20 and for the slopes to stop falling before considering an entry.

Trend broken. Two or more consecutive closes below SMA 50 signal that the medium-term trend has flipped. Exiting here is the rule rather than the exception.