AN EXAMPLE ON TRADING "DOWNTREND" USING HEIKEN ASHI + EMAs
This is meant as a note to learn about using simple trend trades using heiken ashi candle and 10/30 EMAs.
Notes:
1. Preferably watch a basic rules of Heiken Ashi Candle shapes.
2. Why Heiken Ashi is used? Less Noise, no reversal pattern, purely identification of trend and EMAs.
3. This demonstration using Zil/USDT is used as an "EXAMPLE" in a downtrend scenarios. (If you want to see how the uptrend works comment below).
4. Please DO your own research before using this strategy as this is not financial advice.
Notes:
1. Preferably watch a basic rules of Heiken Ashi Candle shapes.
2. Why Heiken Ashi is used? Less Noise, no reversal pattern, purely identification of trend and EMAs.
3. This demonstration using Zil/USDT is used as an "EXAMPLE" in a downtrend scenarios. (If you want to see how the uptrend works comment below).
4. Please DO your own research before using this strategy as this is not financial advice.