Chart Traders: Pivot based EMA(PEMA)
Chart Traders: Pivot based EMA (PEMA) is giving ema based on pivot .
Three Pivot based EMA represent the support zone when price above the EMA and act as resistance when price below EMA .
Traders have to look for reversal when price is near the pivot based EMA Zone.
Three Pivot based EMA represent the support zone when price above the EMA and act as resistance when price below EMA .
Traders have to look for reversal when price is near the pivot based EMA Zone.