How To Use The 50 EMA
We use the 50 EMA for trend Trading and Reversal Trading.
1.Trend Trading and
2.Reversal Trading
Trend Trading
#You would establish that this is a moving uptrend through highs & higher lows=You want to trade with the uptrend.
#Identified your Resistance turned to support level and dream it in.
#Identified Your area of confluence/axis point where support lines up with the 50 EMA=Trade opportunities arise here.
#You were looking to see if there would be a reaction to this area meaning price action occurring or forming.
Trade entry confirmed by Tom Demark Trend Line Breakout.
Final Trade Confirmation from Lower Timeframe
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