I don't use SMA 500, i use SMA 5
I use it with daily chart. If Price is under SMA 5 ( now it is), i will not take GG patterns but only RR. I consider we are in a downtrend and i don't want to go against it.
If price is above SMA 5 on my daily chart, i will take only GG patterns.
I use it with daily chart. If Price is under SMA 5 ( now it is), i will not take GG patterns but only RR. I consider we are in a downtrend and i don't want to go against it.
If price is above SMA 5 on my daily chart, i will take only GG patterns.