Testing down again, it's broken my trendline
Also you can use this chart on the 4hr on down and scalp or swing trade the channels. This chart will show you every direction the candles will go! There are also 2 EMA's on the chart to act as support, resistance and trend indicator.
How to use the 50 and 200 EMA: When 50 rides above 200 ema line then buys! When 50 rides below 200 ema line then sells! That’s for riding trends...if you’re scalping then the following applies..when 200 ema crosses on of the 50 buy for quick profit..when 50 ema crosses 200 forming the x sell for quick profit! The 50 is the skinny red line on the chart and the 200 is the thick red line on the chart
How to use the 50 and 200 EMA: When 50 rides above 200 ema line then buys! When 50 rides below 200 ema line then sells! That’s for riding trends...if you’re scalping then the following applies..when 200 ema crosses on of the 50 buy for quick profit..when 50 ema crosses 200 forming the x sell for quick profit! The 50 is the skinny red line on the chart and the 200 is the thick red line on the chart
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