STRATEGY: 100EMA Pullback Strategy
Focus Time Frame: 1H
Long Term Trend Time Frame: 1D/4H
Market Condition:
Long Term: Ranging
Short Term Downtrend
Area of Value (AOV): 83/100/120EMA : 1.46137 - 1.46065
Entry Trigger (1H): Inside Bar (Low volatility/good RRR)
Entry Price (EP): 1.45919
Stop Loss (SL): 1.46164
Take Profit (TP): 1.45183 (3R)
Analysis:
This...
STRATEGY: 10-83/100EMA X-Over
Focus Time Frame: 4H
Long Term Trend Time Frame: 1D/4H
Market Condition: Ranging
Area of Value (AOV): 50EMA
Entry Trigger: Bearish Engulfing
Entry Price (EP): 1.09830
Stop Loss (SL): 1.10305
Take Profit (TP): 1.08422 (2.96R)
Analysis
On October 18, 2019 at 4:00 AM, price found support at 50EMA. Price continued to go up but...