PRPL 1D 200 EMA PULLBACK STRATEGY

How can I use Exponential Moving Averages (EMA) to trade Pullbacks?
Trading pullbacks with EMA can be done profitably as long as we use a long-term exponential moving average. And, without a doubt, the 200-day EMA is probably the most powerful moving average that a trader can use.

For a valid EMA pullback setup we need two things to happen:

First, a break of the EMA.
Second, the price needs to move further away from the EMA, creating an empty space.
Once these two variables align together we have a powerful EMA trading setup.

Here is a stock chart highlighting this EMA stock trading strategy: