Chart Reading Tips:
When 10 minutes EMA is above 34 minutes EMA it is an uptrend. Vice versa for a downtrend. When EMAs are conflicting it denotes a sideways market. 200 minutes MA slope denotes the longer term trend. If 200 minutes MA is rising, long term trend is up, vice versa for a down-trend. Keep Stoploss below recent swing low or keep Stoploss of Parabolic- SAR dots. Positive EMA crossover confirms the entries. Exit when RSI becomes overbought or use trailing Stoploss.
When 10 minutes EMA is above 34 minutes EMA it is an uptrend. Vice versa for a downtrend. When EMAs are conflicting it denotes a sideways market. 200 minutes MA slope denotes the longer term trend. If 200 minutes MA is rising, long term trend is up, vice versa for a down-trend. Keep Stoploss below recent swing low or keep Stoploss of Parabolic- SAR dots. Positive EMA crossover confirms the entries. Exit when RSI becomes overbought or use trailing Stoploss.
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