EMA Strategy: GBPJPY
30-mins chart
EMA Strategy: GBPJPY
Long
Trade Entered @ 10:00 AM Wednesday 26/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Upper Shadow, Short Lower Body -
Risk
- Pair might not break out of consolidation
EMA Strategy: GBPJPY
Long
Trade Entered @ 10:00 AM Wednesday 26/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern
5. Long Upper Shadow, Short Lower Body -
Risk
- Pair might not break out of consolidation
Note
Price came >10 pips away from TP.Using this strategy on the 30-mins chart always place first TP @ 40 pips*
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.
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.