**Trading Strategy:
"Pullback in Trend with EMA 50 and RSI"**
**1. Time Frame:** 1h or 4h charts for intraday or swing trading.
**2. Trend Filter:**
- Price **above the EMA 200** (uptrend) or **below** (downtrend).
- The **EMA 50 must be tilted** in the direction of the trend.
**3. Entry:**
- Wait for a **pullback** towards the EMA 50.
- Confirm with **RSI (14) near 50** (bullish) or **30-50** (bearish), showing recovery.
- Enter when the price **closes above** the EMA 50 with a strong candle (e.g., hammer, engulfing).
**4. Stop-Loss:**
- **Bullish:** Below the recent low of the pullback.
- **Bearish:** Above the recent high of the pullback.
**5. Take-Profit:**
- Target 1: 1.5x the risk (move stop to break-even).
- Target 2: New highs/lows (partial close and trailing stop).
**6. Risk Management:**
- Maximum risk of 1-2% per trade.
- Avoid trading before major news events.
**Example in Action:**
- **EUR/USD** in uptrend (price > EMA 200, EMA 50 above).
- Pulls back to EMA 50, RSI reaches 45 and bounces with a green candle.
- Enter on the close, stop below the previous low, target 1.5:1.
**Backtest historical data** and adjust parameters to your style. Discipline is key! $EUR