In the EURUSD daily time frame, price has been below / or just recently crossed 20 EMA. and the 20 and 50 EMAs has been below the 200 EMA, which is a bear trend to me.
in the hourly, this trade setup will put me back in the bear trend. Note that the Weekly and Monthly are both bearish also based on the 3 EMA filter.
additional triggers is that i ensure the 14...
EURUSD Daily 20 EMA recently crossed 50 EMA and price still below 200 EMA which is, to me, a sign of bearishness.
I found this setup at the hourly, which in my opinion, will put me back to the Daily bear trend.
FX:EURUSD
USDCAD hourly trending up and EMAs 200 and 50 are bullish. I used them to filter my trades. I saw price crossed 20 EMA and signals maybe maybe a bounce up to 1.3000 area. Stoch and RSI looks bullish too
Lets see how the trade goes.
Found the pair to be bearish as indicated by the 200 EMA and 50 EMA. Price closing below the 20EMA.
stochastic and RSI showing bearish momentum too. will try to enter in the hourly to get into the bear trend
