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TWO LEGGED PULLBACK

A two-legged pullback to the 20-period exponential moving average is a 😳 high probability trade entry set up inside a strong uptrend for buying a dip in price action. What??? It can also be a short selling opportunity on a rally back to the 20-EMA during a downtrend in price action. Any candle that goes higher than the previous candle begins a new leg up in price. Makes sense? Any candle that goes lower than the previous candle begins a new leg down in price. Trading rules for the two-legged pullback to the 20-EMA ​ Dip buy signal ·         Strong uptrend ·         Two-legged pullback down to the 20-EMA ·         Enter at the close of the candle that bounced back from the 20-EMA ​ Easy, right? And what about the short signal? Short sell setup signal ·         Strong downtrend ·   ...
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Morning Views

Good Morning All, No clear trend is available in Markets & with no Major cues Markets is expected to be in Sideways & Crude fall might help, but Inflation worries & rate hike concerns is gonna bother Market Participants. I'm expecting more action will be in Next series than current series this week. After Fed Chairman speech yesterday, US Markets moved in to Green, but again gave back all Moves by EOD. Our Markets will sing a Different tune in upcoming week, if Crude continues to fall. For the Day, get ready to play based on Data & again Open & High Will be Critical for the day.
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