BCR of the 200EMA on the 4H TF.
Retest of the 50EMA on the 1H TF.
Break and close below the 50EMA on the 15M TF.
Will wait for one more 15M candle with a lower low to confirm momentum and take trades down to the lower limit of the ascending channel.
Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
(All mentions of BCR and SNIPER are credited to Max Norbury of Forex Signals.
Retest of the 50EMA on the 1H TF.
Break and close below the 50EMA on the 15M TF.
Will wait for one more 15M candle with a lower low to confirm momentum and take trades down to the lower limit of the ascending channel.
Disclaimer: I am still testing my strategies. Not all trades Ideas I post will result in live trades. They might be tested on demos accounts.
Please share your Ideas with me and I am always open to positive criticism.
Remember to use risk according to your appetite.
Thanks for Checking out this Idea.
(All mentions of BCR and SNIPER are credited to Max Norbury of Forex Signals.
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