Strategy EMA10 / 20 is a daily cycle of analyzes and setups created under the patronage of Naga Markets. All presented analyzes and items will concern only the EMA10 / 20 Strategy, which as its name suggests is based on 10 and 20 period, exponential moving averages.


Looking today through the instruments for possible signals for the EMA10 /20 strategy, my attention caught only the USDCHF currency pair, where as a result of lasting declines last week the 10-period moving average has cut the 20-period exponential average. Interestingly, both averages also cut from the top 120-period average, which may signal potential drops even in a slightly wider time horizon.

As a result of the increases lasting from the beginning of the week, the rate reached the vicinity of EMAs, where the supply reaction appeared, which is a signal for me to open short positions, for which also profits are located in the vicinity of two successive levels of support.

USDCHF

All setups for the EMA 10/20 strategy are opened in the account of the Naga Markets broker, where I run a separate account for the above mentioned strategy. It is also worth noting that through its platforms, including the SwipeStox social trading platform, NAGA Markets offers over 750 trading instruments under the highest liquidity ensuring fast and reliable execution of orders.

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