FCPO Trading Plan : Big Sideway (Price cross EMA50)

1. Setup
i)Price cross EMA14+EMA50
ii)EMA14 above EMA50
iii)Trend: Big Sideway
iv)Create SnR box

2. Signal Type:
i)Rejection at 2nd test
ii)Fake breakout
iii)Valid breakout

3. Confirmation: 5min look for bullish engulfing

4. Entry
i) after 5min engulfing CS
ii) Open engulfing CS

5. Exit: SL 10tick below

6. TP: Resistance