I am trying to use 12EMA in 4H chart as trend indicator (the green line).
Currently 12EMA is moving up gently, knowing BTC's been trapped within 12/26 EMA of daily chart.
I've opened long position right before 12/26EMA golden cross. The candles wicked upon 12EMA nicely.
I am watching out if 12EMA bend down again, that's when I started to close my long position.
Before then, let's riding the 4H trend up.
Currently 12EMA is moving up gently, knowing BTC's been trapped within 12/26 EMA of daily chart.
I've opened long position right before 12/26EMA golden cross. The candles wicked upon 12EMA nicely.
I am watching out if 12EMA bend down again, that's when I started to close my long position.
Before then, let's riding the 4H trend up.
Not
Forgot to mention:Stop loss: 7000 initially, later moved up to 7200.
Target: 7600 (take profit partially, others see where the trend takes.)
Not
Watching out if next 1 or 2 candles causing 12EMA to bend down.İşlem kapandı: hedefe ulaştı
12EMA bend down, closed my long position, waiting for new direction.Review: I am glade to took some profit above 7400, with additional indicator like RSI.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.