Technical Analysis Checklists [Uptrends] Flashcards
Before using any indicators, try to find all the ________ & _________- levels on the chart
Support
Resistance
Uptrend Signals – For Buying [pt. 1]
EMA 9 crosses above EMA 20, both lines are sloping upward
EMA 9 is above EMA 20, and EMA 20 is above EMA 50
Prices are above EMA 50, and better if they’re above EMA 9 and EMA20, as well
Uptrend Signals – For Buying [pt. 2]
Parabolic dots move from above to below price candles
Parabolic dots stay below the price candles
Uptrend Signals – For Buying [pt. 3]
MACD line crosses above the Signal line, both lines are sloping upward
MACD line crosses above the Zero line and stays above this line
Uptrend Signals – For Buying [pt. 4]
Buy when there are Support Levels to support the rise
Don’t buy when prices already broke down through the nearest Support level
Buy when prices already broke up through the nearest Resistance level
Don’t buy when prices are close to the nearest Resistance level