Hola
Yes - it was lucky! I have read that flat 20/50 is generally not good but I have seen this pattern in the past and it has generally been quite frituful for me. BUT you have to confirm on 1 or 2 higher time frames. If I am being "aggressive" I only look 1 higher. If I am being cautious I look 2 higher. You never need any more than that (imho).
CB.
Yes - it was lucky! I have read that flat 20/50 is generally not good but I have seen this pattern in the past and it has generally been quite frituful for me. BUT you have to confirm on 1 or 2 higher time frames. If I am being "aggressive" I only look 1 higher. If I am being cautious I look 2 higher. You never need any more than that (imho).
CB.