An exponential moving average is slow but steady, like a directional indicator. EMA works the best in weekly, imho, telling me to stay or get the ass out ASAP.
Game plan : position myself in the direction of the EMA and Hold. =====IN :
Buy Limit 1.28
Stop Loss: 1.26
=====OUT : when 26 Week EMA becomes flat, I am out.
Keep the rule, not matter what.
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Note
Note
Target depends on the EMA. It could go lower and higher than posted.
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Note
EMA 26's Weekly shows nice angles.
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Buying near EMA will help me maximize profits and minimize risks.
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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.