at the appropriate areas. Rule #2- The, parabolic SAR, indicator must change to be above price candle. Trendanalysis chartpattern indicator divergence breakouttrading reversalpattern ethereum cryptotrading, ethusd 30M - Expecting, bearish, bias 1-Divergence 2- Red candle bearish breakout 3-Red doji expect continuation 4-Macd crossover at dojicross below 0 level line. If the dot is above the candle it will be a sell signal or down trend.
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Rule #3- Another element that must occur is the moving averages must cross over. Conclusion, as stated the Moving Average Trading Strategy can be used on any time frame. The moving average trading strategy will help verify that a reversal is in fact occurring. Waiting for one candle after makes sense because this proves to us that this reversal is strong. Rule #5- Enter The Next Price Candle Enter (sell) the very next price candle after the dot appears above the candle. When the change occurs (the dot goes from below to above the next candle) this indicates a potential price reversal may be happening. The way it shows you this is by placing dots that show up above or below the price candle. Rule #6- Stop loss / Take Profit. Please visit the backtest-rookies (.com) website if you are interested in development services. Developed as a professional service and published for customer verification/approval. Rule #1- Apply, parabolic SAR system and Moving Average indicators to chart. The combination of these indicators will give you accurate trend reversal set ups.
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