ELY forming Holy Grail buy in the DAILY (Linda Raschke set up)

22 Haz 2018

Market retreats to 20 period EMA after making new highs (for long positions)/lows (for shorts) with ADX (14period) >30. Some people use the 20 period SMA . Projection is a retest of the highs. Trailing stop. ***Failed grails tend to move (painfully) in the opposite direction.

Setup invalid below daily EMA (19.82)