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. 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 post Two Legged Pullback appeared first on New Trader U.

Original source: https://www.newtraderu.com/2022/03/18/two-legged-pullback/?utm_source=rss&utm_medium=rss&utm_campaign=two-legged-pullback

You May Also Like