EMA Strategy: GBPJPY
30-mins chart
EMA Strategy: GBPJPY
Long
Trade Entered @ 9:30 PM Wednesday 26/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern -
5. Long Lower Shadow, Short Upper Body
Risk
- Coming off of a previous uptrend
- Price could form a possible double top @ 140.870 and reverse before reaching TP
EMA Strategy: GBPJPY
Long
Trade Entered @ 9:30 PM Wednesday 26/12/2018
Checklist for Long:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as support-
3. Last Candlestick longer than the previous -
4. Reversal Candlestick Pattern -
5. Long Lower Shadow, Short Upper Body
Risk
- Coming off of a previous uptrend
- Price could form a possible double top @ 140.870 and reverse before reaching TP
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.