EMA - 6 | ||
Viewing
Instructions: |
||
At "F", the red line rises above the blue line and begins expanding to indicate a resumption of the uptrend. At "G", a trading cycle low drops down to the EMA red line indicating a potential buy signal, but notice that the distance between the red and the blue lines is not expanding. At "H" the red line turns down indicating a potential congestion range, and the red line drops but does not touch the blue. At "I", it begins expanding again indicating a continuation of the uptrend as the momentum continues to increase until the red line turns down at "J", forming another "beak" as prices move in a sideways trading range. |
Go Back to Top |
Please report problems to webmaster. There is a risk of loss in trading futures. Copyright © 1998, 2002 Walter Bressert, Inc. All Rights Reserved.
|