Testing some youtuber idea

29 mag 2020

So, they guy says that you need:

• A sideway movement, not necessarily a channel, just a horizontal movement.
  
• A "build up" meaning a consolidation either on the top or the bottom of the area
  
• If long, the lows should sit around the EMA20
  

If all the previous apply:

• Limit buy/sell on the top or low of the area
  
• SL around ATR +/-3 of that value, I will put just below the EMA20 (this one is long)
  
• Exit when the price closes over or below the ATR -+3
  

So here we go:

29 mag 2020

Nota

Price is falling, doesn´t look like it will go up in the short term... will wait for more candles to close, so for now no trade ahead in the horizon.

29 mag 2020

Nota

Flat for now, no PA suggesting any direction. Meaning that there is no build up on any side of the range.

29 mag 2020

Nota

Correction, this is the chart with the EMA20, latter was with EMA200

29 mag 2020

Ordine annullato

it made the breakout but the buildup wasn´t clear, next time!