Exponentialmovingaverage
GBPNZD Target Price 1.97131 Entry Price 1.96000GBPNZD. Candlestick wick intersects EMA 10, EMA 20, 0.382 Fibonacci Retracement, Horizontal Support Resistance Level.
Target 1.97131
Entry 1.96000
Stop 1.95222 (50% Fibonacci Retracement)
NOTE: Stop Loss is below EMA 20 Close Price and Low Price of candlestick.
How To Find The Best Trend Line Break and RetestWait For Price To Break Trend Line. Wait For Price To Close Below Trend Line.
Watch For A Price Action Signal To Form On The Retest. Watch For A Rejection Candlestick or a Pin Bar. In the example below, the candlestick wick protrudes through EMA 10, EMA 20, Trend Line, and 50% Fibonacci Retracement Level.
Enter at the close price of rejection candlestick. Close Price is 188.13 in this example.
Note: The best trend lines has 4 or more touches.
How To Trade Support Resistance Levels with Price Action Signal Wait for a Price Action Signal to form at the following support resistance levels.
EMA 10 Level
EMA 20 Level
Fibonacci Level
Horizontal Level
Set Target at the next support resistance level. Set Stop Loss Below EMA 20 Price and Low Price of Price Action Signal Candlestick. Enter at close price of Price Action Candlestick.
Engulfing Candlestick at Support Resistance Levels
How To Trade Support Resistance Levels
Price closed above EMA 10, EMA 20, Trend Line, and Horizontal Support & Resistance Level. Enter at close price of rejection candlestick. Close price of rejection candlestick is 0.73150. Set Stop Loss below EMA 20 Close Price and Low Price. Set Target at next support resistance level.
Support and Resistance Levels are:
EMA 10
EMA 20
Horizontal Line
Diagonal Line
High Price 0.73195
Close Price 0.73150
Open Price 0.73046
EMA 20 Price 0.72939
Low Price 0.72921
Close Price 0.73150
EMA 10 Close Price 0.73045
EMA 20 Close Price 0.72939
ZECUSD Entry Price 125.03 Target Price 129.74ZECUSD (ZCASH)
High Price 126.44
Open Price 125.01
Close Price 125.03
EMA 10 Close Price 124.20
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Low Price 123.80
EMA 20 Price 122.05
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Set Your Stop Loss Below 123.80
Set Your Stop Loss Below 122.05
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Enter Two Trades. Two Entries with the same target with two different stop losses.
ZECUSD ZCASH Entry At The Exponential Moving Average (H4 Chart)ZECUSD (Zcash). Pin Bar Trading Strategy Using EMA 10, EMA 20, Trend Line, and Momentum. Action: Wait For Price To Pull Back And Form A Rejection Candlestick At The EMA 10 EMA 20. (H4 Chart)
ZECUSD ZCASH Entry At The Exponential Moving Average ZECUSD (Zcash). Pin Bar Trading Strategy Using EMA 10, EMA 20, Trend Line, and Momentum. Action: Wait For Price To Pull Back And Form A Rejection Candlestick At The EMA 10 EMA 20.
How To Trade Pin Bar at the EMA 10, EMA 20, Trend Line, and GapThe confluence is:
1) Gap at 267.76
2) Trend Line
3) EMA 10
4) EMA 20
5) Pin Bar
Entry is at the closing price of the candlestick in the form of a Pin Bar. Pin Bar formed at EMA 10, EMA 20, Trend Line, and Gap.