PocketOption Moving Average -2-EMA-Pullback Strategy
PocketOption MovingAverage -2-EMA-Pullback Strategy
PocketOption Golden Strategy:
2 EMA(7-17) PullBack Strategy
SELL Signal:
When 17 EMA is above 7 EMA and Price is Below it.
Wait for pull-Back from 17 EMA
BUY Signal:
When 17 EMA is Under 7 EMA and Price is Above it.
Wait for pull-Back from 17 EMA
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What is a pullback and and how it can help us to have accurate signals in the PocketOption ?
The price never just follows a straight line and the price movements on any financial market can usually be described in so-called price waves. The markets alternate between bullish (rising) and bearish (falling) trend waves.
During an uptrend the dominant trend waves moved higher. The correction waves represent moves against the ongoing trend direction. When trading pullbacks, traders look for those correction phases and then time trade entries during such phases.
The idea is that you want to wait for the price to “pull back” during a trend to provide you with a better entry price. When the market is moving higher and you anticipate that the move will continue, you want to enter a trade for the lowest price possible.
In PocketOption pullbacks help you find such opportunities.
