Exponentialmovingaverage
US30 | 01 APR 2021 | 12:00US30 Candlestick Entry on April 01 2021, 12:00. See Pin Bar, Exponential Moving Average, Horizontal Key Level, Momentum, UpTrend for confluence factors.
ZECUSD 2.81R50% Fibonacci Retracement of Pin Bar Candle. Entry at 167.26. Stop Loss at Pin Bar Tail. Target at previous Swing High. Reward to Risk is 2.81.
ZECUSD Entry Price 162.17ZECUSD. Entry Candle. Date 2021 April 01. Time 21:00.
Closing Price 162.17
Exponential Moving Average (10) 160.51
Exponential Moving Average (20) 158.63
Low 158.76
Note: You want the closing price to be in the zone area of the two exponential moving average. Or you want the closing price to be above both exponential moving averages. In this trade set up, closing price is above both exponential moving averages. Closing price of the retest candlestick is near the price value of the exponential moving average period 10.
