Trading_Zone_3773

SONIC R - BEST EMA COMBINATION

Education
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Sonic R system combine 3 EMA: EMA 34 / EMA 89 and EMA 200
If trend is up, we normally see that EMA 34 above EMA 89 and EMA 89 above EMA 200
If trend is down, then EMA 34 below EMA 89 and EMA 89 below EMA 200
The zone created between these 3 EMA called VALUE ZONE.
We only look for entry when price retest this VALUE ZONE.

For below example: EMA 34 is blue, EMA 89 is red and EMA 200 is yellow
We have 3 conditions matched to entry.
1. Price cross above ema34+ema89+ema200
2. Ema34 above Ema89 and Ema89 also above Ema200 => The zone created between these 3 EMA is called VALUE ZONE
3. When price comeback and re-test this zone, we will combine with trend line breakout and look for buy entry
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.