DislikedHi! everyone, L1 , Assange and X-Man You keep saying about repeating pattern what occur almost everyday; what exactly do you mean? is it bouncing from 10 MA, 50 Ma or smthg else?
thxIgnored
Just pay attention to price when it comes close to the 10ema on any TF.
Look at what price does there.
If we looking for longs we wait for price to cross above the 10ema.
then price retraces abit back down to the 10ema retests the 10ema and shoots back up.
If we looking for shorts price will cross below the 10ema then retraces back up to the 10ema retests the 10ema and shoots back down.
If you look at the 10ema on all Tfs you will see that this always happens everyday.
X-man the legendary conqueror of markets