Day Trading:
H4: Triple EMA to identify Trend
RSI was 39.93 which means Short
Fib Retracement was holding at 61.8 and 50.0 on Resistance
H1: The current price was under Triple EMA / validated for Short
RSI was 33.62 / Short
Price was holding on Resistance at Pivot Points
M15: For Entry, I jumped for Short then, set TP and SL based on PPs
Hi guys, this is my first analysis for publishing my idea to other traders.
The weekly candle was Bullish, even though I went for Short
The daily candle was Bearish as for Friday, other days were Bullish
I analyzed using Top-Down from H4 to H1, and Entry TF is M15.
H4: I find Trend using Triple EMA (9, 20, 50). Price was above 50 EMA, but the price also held at...