EURCAD / 4H / Trend line as Resistance
Rules
Establish Trend on 4H chart
Draw Trend Line
Mark highs and lows.
Check the 200 EMA to confirm that Daily trend and 4H trend are correlated
Enter when price respects trend.
Exit when price turns back toward trend line.
Repeat.
Rules
Establish Trend on 4H chart
Draw Trend Line
Mark highs and lows.
Check the 200 EMA to confirm that Daily trend and 4H trend are correlated
Enter when price respects trend.
Exit when price turns back toward trend line.
Repeat.
Commento:
I got in this one a little late.