Follow the Trend.
Sell on 200 ema
--- 200 ema must be within 8 pips of lower S/R for trade to be valid.
Reasons for entry.
1. Horizontal resistance
2. 3 emas down trend
3. 200 ema resistance
SL above upper Horizontal resistance 5-8 pips(spread +3)
TP 2:1
Trade at your own risk.
Sell on 200 ema
--- 200 ema must be within 8 pips of lower S/R for trade to be valid.
Reasons for entry.
1. Horizontal resistance
2. 3 emas down trend
3. 200 ema resistance
SL above upper Horizontal resistance 5-8 pips(spread +3)
TP 2:1
Trade at your own risk.