Hmmm... Ill try to be more specific.
There are two "attempts" at 4h to try to cross the 24EMA. None is significant and thus should be interpreted as a confirmation of the short trend?
There are two "attempts" at 4h to try to cross the 24EMA. None is significant and thus should be interpreted as a confirmation of the short trend?
DislikedNot really sure what you are asking here....
My charts are all based on simplicity of trend with support and resistance. IF resistance holds, where is support. If support holds, where is next resistance.
I have just exited my long positions on the second test of the 200ema on the hourly and will now wait into London for a proper trigger.
I know what I am looking for, and expecting...if I am wrong on the play, I would rather be sidelines then trapped.Ignored