1-hr chart
EMA Strategy: EURUSD
Short
Trade Entered @ 11:00 AM Wednesday 19/12/2018
Checklist for Short:
1. Retest @ EMA (25, close) -
2. EMA (25, close) holds as resistance -
3. Reversal Candlestick Pattern
4. Long Upper Shadow, Short Lower Body
Risk
- Price needs to break EMA (25, close) on 4 hr chart and close beyond previous support level