Experimenting with a 4hr 50ema claim/reject and retest idea for a 1:5 RR move. in this case, if SC closes above 4hr 50ema on daily close, I expect Asia to open on/around the 4hr 50ema, and bounce 10% to the upside. Invalidation would be 2% below the ema...
Order cancelled
market dumped more than 2% below 4hr 50ema even before daily close
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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.