It just seems like good support, hence the trend is finished once breached. I tend to favor price levels for an exit, rather than waiting for the ema pair to cross. I have noticed that it seems to keep trends going longer than an ema cross down, but without back testing it I don't know if the results would be any better, possibly worse.
I really need to come up with some "hard rules" / code for this system, not a trend line break etc., I think I'll move this up the list of things to do, looks like the market could be turning in favor of these setups again. I'm thinking, lowest low of the last 10 days needs to be above the 65ema and less than 10% higher than it for the back test, then take a trade on the 8,13 ema cross. Possibly a weekly and daily MACD filter above zero. The trend line break out is the hard part to code, along with the fib level.
