Follow the Trend!
Entry at 100 ema
--Must be within 6 pips of lower horizontal resistance
Reasons for entry.
1. 3 emas down trend
2. 100 ema resistance
3. Minor horizontal resistance
4. Drawn trend line resistance
5. Fib level resistance
SL above upper horizontal resistance 6 pips(spread + 3)
TP 2:1
Trade at your own risk.
Entry at 100 ema
--Must be within 6 pips of lower horizontal resistance
Reasons for entry.
1. 3 emas down trend
2. 100 ema resistance
3. Minor horizontal resistance
4. Drawn trend line resistance
5. Fib level resistance
SL above upper horizontal resistance 6 pips(spread + 3)
TP 2:1
Trade at your own risk.
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