Entry Indication:
the hammer candle appears and standing on the 200 EMA.
the RSI indicator shows oversell but the candle closed bullish (selling momentum is weak)
Risks:
the 20 & 50 EMA are currently setting on an important spot(intersection appears).
current trend is shifting to bearish.
According to 20 & 50 EMA the price is now shifting to a "Bearish Trend" and getting closer to strong support.
Entry 1 can be considered as:
Entry Indication:
the hammer candle appears and standing on the 200 EMA.
the RSI indicator shows oversell but the candle closed bullish (selling momentum is weak)
Risks:
the 20 & 50 EMA are...
