Here's an example from a trade today 5GG...the retrace started on the 2 min chart. I watched it go down to the 65 ema and 62% Fib (roughly) at that point set up a trend line and wait to see if MACD crossed the axis line...nup didn't cross and price went on to make a lower low, so I set a new trendline (note the lower angle this time because of the new information) and waited again . this one triggered a MACD confirmed trade.
- Forums
- NSX - General
- Chart
Here's an example from a trade today 5GG...the retrace started...
-
- There are more pages in this discussion • 270 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)