ilmscore | Prediction Details
"we're making sure that this market is above the 20 EMA and we have a full candle that's closed above the 20 EMA that means it's not touching the EMA at all and it's above the EMA giving us a bullish trend on the daily chart with that being the case we are now looking for a swing high in a bullish trade... a swing high followed by at least two candles pulling back that does not close below the 20 EMA and then we have our order set at the high of that swing high"
By The Trading Channel (The Trading Channel) | April 21, 2020 | Pending
From video
Master The Multiple TimeFrame Trade (I bet YOU missed this one detail that makes ALL the difference) 00:19:54 - 00:20:27
Interpreted Prediction
For a long trade using the 2020 strategy, the daily chart must show the market above the 20 EMA, with a full candle closing above it. On the hourly chart, a swing high followed by at least two pullback candles that do not close below the 20 EMA is required. The order is set at the high of that swing high.

Prediction Details

Topic
2020 Strategy - Long Trade Example

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.