200 EMA: Consolidation-Breakout, Retest and Support
Price and daily 200 EMA moved in a horizontal trend. Then price broke structure and used 200 EMA as support. Use smaller timeframe and wait for retest to enter and avoid false breakout.
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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.