Indicators:
- EMA : 660 or any long term moving average
- RSI : 14 periods – levels 70 and 30
Time Frame : 5min
Pairs : EURUSD is the best
Entry points:
Buy Signal:
1- price moving above the 660 EMA
2- price touch the line 30 of rsi indicator ( oversold )
3- 30 pips stop loss / 30 pips take profit
Sell Signal:
1- price moving below the 660 EMA
2- price touch the line 70 of rsi indicator ( overbought )
3- 30 pips stop loss / 30 pips take profit
