Get started
rebana8

Back test : Entry Using Moving Average Cross Over

British Pound / New Zealand Dollar (FOREXCOM:GBPNZD)  
rebana8  
FOREXCOM:GBPNZD   British Pound / New Zealand Dollar
Fundamental Analysis
1
0
fundamental
When there is a moving average cross over, price will change direction. In this example, a long momentum bearish CS crossed the EMA50 (black line) indicating a bearish bias. Right after that, the EMAs (20/50) crossed each other indicating a reversal of price movement. However, do not make any entry at the cross over point. Wait for a retracement to take place before making an entry short.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.