Looking at the EU, price is hovering around the 365EMA. Looking at it, it looks like support. Would the 365EMA be viewed as that, or is the 365 used as a general kind of trend. I haven't read much about the 365 in the pages and wonder why it's there. Just another piece in the puzzle.
Now what I see, price below 200, below 89. According to the heart of the system we would expect a pull back to the 21, to close back at the 89. I'm just itching to get in and go long. (I will not pull the trigger yet though as I am only on my 4th or 5th mental trade on this sytem!)
My question is, does it matter that the 200 is above the 89? Or is it just important that price is below the two at the moment.
Now what I see, price below 200, below 89. According to the heart of the system we would expect a pull back to the 21, to close back at the 89. I'm just itching to get in and go long. (I will not pull the trigger yet though as I am only on my 4th or 5th mental trade on this sytem!)
My question is, does it matter that the 200 is above the 89? Or is it just important that price is below the two at the moment.