Also you can use this chart on the 4hr on down and scalp or swing trade the channels. This chart will show you every direction the candles will go! There are also 2 EMA's on the chart to act as support, resistance and trend indicator.
How to use the 50 and 200 EMA: When 50 rides above 200 ema line then buys! When 50 rides below 200 ema line then sells! That’s...
I drew up the trendlines , added 2 emas! When a candle breaks and CLOSES through a line, you can scalp to the next line you see on the chart and if it continues to break the next line hold your position! But if it doesn't break the next line and turns around then close your position.
I drew up the trendlines, added 2 emas! When a candle breaks and CLOSES through a line, you can scalp to the next line you see on the chart and if it continues to break the next line hold your position! But if it doesn't break the next line and turns around then close your position.
