Bullish Matching Low with EMA (Long Trades)
This is an improvisation over the plain vanilla bullish matching low. A buy signal is generated when the following conditions satisfy –
1)Two consecutive red candles appear
2)Low of both the candles match
3)Close of both the candles match
4)A crossover of 21 and 9 day EMA occurs
A sell is generated when two consecutive red candles appear.