On the chart is the example on how to place a trade after a pullback and a bull candle is closed for the day.
I think price is far enough above the 50m EMA to place a buy order.
For educational purposes.
Please like and follow my charts :)
I think price is far enough above the 50m EMA to place a buy order.
For educational purposes.
Please like and follow my charts :)
Comment:
It's best to try this strategy as a paper trade to practice before trying it with real money. Practice makes perfect.
Comment:
Here is a further information for price direction from fxhealer that I follow on Trading View
Trade closed: target reached:
100 Pip/point profit. Took Profit at 1.2130