1) the price has closed the 1h chart above the orange 200ma line. 2) the fast blue ema 7 has crossed over the 200ma 3) the price action is above the white mid cap line and in the faint green zone).
how to use: 1) buy when the indicator along the bottom turns green 2) sell when the price goes outside of the top white band (or at latest when it comes and closes back inside) - EW/fib will guide this. 3) set SL at mid band 4) do not enter trade if red along the bottom or if green but the previous steps have passed.
what is the name of the indicator at the bottom which is a line comprised of small triangles, some red and some green?
thanks!
ShillBill1987
⋅
pump coming soon i guess?
turbominicooper
⋅
@ShillBill1987, if blue crosses ornage and price holds above orange then yes it shud give us some up movement
cooper_5e
⋅
example of the perfect entry:
1) the price has closed the 1h chart above the orange 200ma line.
2) the fast blue ema 7 has crossed over the 200ma
3) the price action is above the white mid cap line and in the faint green zone).
thanks!