Follow the Trend!
Entry at 200 ema
-- must be within 8 pips of lower horizontal resistance
Reasons for entry
1. 3 emas down trend.
2. Horizontal resistance.
3. 200 ema resistance.
SL above upper horizontal resistance 6 pips(spread +3)
TP 2:1
Trade at your own risk.
Entry at 200 ema
-- must be within 8 pips of lower horizontal resistance
Reasons for entry
1. 3 emas down trend.
2. Horizontal resistance.
3. 200 ema resistance.
SL above upper horizontal resistance 6 pips(spread +3)
TP 2:1
Trade at your own risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.