H4 timeframe gap forming between 8 EMA and price. This hints of a pullback soon. When price contracts on H4, I will wait for a break and close of 8 EMA upside on H1 and a Break and close and retest of 50 EMA in 15 min TF before taking a LONG. This is an intraday trade targeting the 4H 8 EMA.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.