2nd retest of EMA 50 (D), wait for reversal signal on lower TF
Price above 200 EMA on daily indicate that the long term trend is up.
This is a second retest of EMA50 after EMA 20 & 50 cross over.
It is a "Clean" move to EMA50 (daily) on lower time frame.
Setup is done. However, no entry trigger as of this moment.
Now wait for a entry trigger on lower TF.
Expecting a strong move on H1, H2 or H4 or pull back to enter
This is a second retest of EMA50 after EMA 20 & 50 cross over.
It is a "Clean" move to EMA50 (daily) on lower time frame.
Setup is done. However, no entry trigger as of this moment.
Now wait for a entry trigger on lower TF.
Expecting a strong move on H1, H2 or H4 or pull back to enter