First trade idea is an 8 EMA gap close trade. Daily timeframe shows gap between price and 8 EMA (yellow line). I will wait for a close below the 8 EMA in H4 and a break close and retest of 50 EMA (red line) in the H1 timeframe. when this happens I will SHORT towards Daily 8 EMA to close the gap. Target is the 8 EMA on Daily.
Next trade. when the first trade is over, this also means that the price has completed a break close and retest of the 50 EMA on Daily. I will then look for two bullish continuation candles to take a LONG towards the next SD zone above.
Next trade. when the first trade is over, this also means that the price has completed a break close and retest of the 50 EMA on Daily. I will then look for two bullish continuation candles to take a LONG towards the next SD zone above.