The document discusses technical analysis indicators for identifying trading opportunities based on price movements relative to the 13-period and 50-period exponential moving averages (EMA). It notes that a crossover of the 13/50 EMA signals a potential trend change and that a close above or below the 13 EMA indicates the price will likely remain in that direction going forward. It also highlights how the first retest of the 50 EMA after a crossover can present another trading opportunity.
The document discusses technical analysis indicators for identifying trading opportunities based on price movements relative to the 13-period and 50-period exponential moving averages (EMA). It notes that a crossover of the 13/50 EMA signals a potential trend change and that a close above or below the 13 EMA indicates the price will likely remain in that direction going forward. It also highlights how the first retest of the 50 EMA after a crossover can present another trading opportunity.
The document discusses technical analysis indicators for identifying trading opportunities based on price movements relative to the 13-period and 50-period exponential moving averages (EMA). It notes that a crossover of the 13/50 EMA signals a potential trend change and that a close above or below the 13 EMA indicates the price will likely remain in that direction going forward. It also highlights how the first retest of the 50 EMA after a crossover can present another trading opportunity.
Nameable 2nd leg means RRT, hammer, dolje Once price closes ABOVE or BELOW the 13 ema (red/ketchup) it will stay there, so CLOSE 1st blue arrow: 13/50 cross, 2nd blue arrow - 1st retest of the 50 ema