as usual, once the price is very far away from the EMA50 H4, it will definitely touch the EMA50 H4 again. Because many traders make EMA50 as an entry point and also trailing Stop Loss. SO, the price will try to get entry and trailing Stop Loss in the Area. The price can continue to plunge into the EMA50 H4, or it will create a new high before the plunge touches the EMA50 H4.
Trade closed: stop reached
war rusia ukraine..BIG IMPACT..
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.