An exponential moving average is slow but steady, like a directional indicator. EMA works the best in weekly, imho, telling me to stay or get the ass out ASAP.
Game plan : position myself in the direction of the EMA and Hold. =====IN :
Buy Limit 1.28
Stop Loss: 1.26
=====OUT : when 26 Week EMA becomes flat, I am out.
Keep the rule, not matter what.
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Target depends on the EMA. It could go lower and higher than posted.
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EMA 26's Weekly shows nice angles.
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Buying near EMA will help me maximize profits and minimize risks.