After touch ema50 m30,next destination is ema50 H1.. Price will definitely go down to touch ema50 H1. we can do backtest to see a clear picture of this price action. Basically price will turn back to touch ema50 to make a retracement, so, it is cumpolsory for us to take profit when price just touched ema50.
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take profit sell, when price just touched ema50 H1.. Its cumpolsory TP because we just take oppotunity in retracement only
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take profit half of your entry when price touch ema50 m30
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Entry zone still valid...price not yet touch ema50 H1
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Price just arrived at second zone entry
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Let see how far price want to run away from ema50
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So many times price touch ema50 M30... when will price touch ema50 H1???? Let see
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EMA50 is pulling the price to get down touching EMA50
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Nice ...almost there...
Trade closed: target reached:
First and second zone entry TP target reached. Price just touched ema50 H1. Last Zone entry cancel