EMA 101 - High Probability Entries During UncertaintyCurrent Possible Long Entry Pending on Bitcoin
High Probability Long Entry Checklist
1. Get Ready - Resistance Failure
2. Get Set - 50EMA crosses over 200EMA
3. GO! - Bids on 'Support Test' of 200EMA
Stops = candle close above/below 200EMA
Close/Targets = trade by trade basis - usually consists of candle/chart patterns such as double tops/bottoms or Head & Shoulders or Inverted Head & Shoulders. Also consider fibs and horizontal support/resistance levels.
Entrypoint
GOLD 4 EOD call OPTIONAlready In but during the day in case i need to correct my position Im going to take it at the extension near the green line at the lev. 1332 fibo.0618
PRICE ACTION / TREND FOLLOWING VOLUME #2PRICE ACTION TRADING.
STEP THREE
Find the forex reversal pattern.
STEP FOUR
Determined stop loss and entry point.
PRACTICE,PRACTICE,PRACTICE AND PRACTICE
SEE YOU AT NEXT VOLUME !!
