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Trade Using Exponential Moving Average and Trend Line

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Higher Lows Are Represented By Diagonal Trend Line

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Lower Highs Are Represented By Diagonal Trend Line

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After Price Closes Above Diagonal Resistance Line (Lower Highs), Enter A Long Position. Enter using the closing price of breakout candle. Enter a second long position when price forms a rejection candlestick wick in the EMA 10 EMA 20 Area. Enter using the closing price of rejection candlestick.

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H2, H3, H4 Chart. EMA 10 is above EMA 20 in these chart timeframes. EMA 10 Above EMA 20 on multiple timeframes is a good indicator that the market is bullish.

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