GBPJPY (M30)

According to the EMA 144 Strategy 

we wait for the SELL signal.

  • EMA 144 is broken with high dynamics
  • Price is heading back (corrective move) to recently broken EMA 144
  • MACD indicates a bullish correction,
GBPJPY M30 with EMA 144 (green)

What left ? Patient waiting for the price to return to EMA and SELL …

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Dargo
Dargo
Since 2010, he has been actively involved in the Forex market up to now. He is a supporter of Price Action and using as few indicators as possible. He believes that the simplicity of the system and consistency in its application is the best way to success in financial markets, and lack of patience is the most frequent cause of failure. Interested in classical systems based on Technical Analysis and in psychology - mechanisms that guide human behavior and conditioning decision making in trading.

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