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Sunday, April 18, 2021

    Forex Trading Guide 2021: The “Cup of the Holy Grail” strategy

    The essence of the “Chalice of the Holy Grail” strategy is to open positions in the direction of an emerging or already existing trend at the moment of price correction. To determine the strength of the trend, in this case, the standard ADX with a period of 14 and EMA (20) are used.

    1) If the ADX index rises above the level of 30, it is necessary to wait for the price correction to the EMA (20), which will be a signal for a possible entry point into the market.

    CT Forcast: Crypto Price Analysis

    Do you know Bitcoin Price May Fall Ahead Of Chinese New Year says analyst yes, its true but this technical indicator can give you laser sharp entry points to invest money in cryptocurrency consistently.

    2) You should refrain from opening positions if the trend is close to its completion. This will be signaled by the ADX value above the 50 level.

    3) Pay attention with the decreasing volume to the appearing “flags”.

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