#TrendTradingStrategy
The three candle trading strategy with 6 and 20 period EMAs focuses on identifying trends and potential entry and exit points in the $PEPE pair. By observing the crossing of the EMAs, traders can determine buy or sell signals, while candle formations provide additional confirmation to enhance the accuracy of trading decisions.
6 period EMA: Responds quickly to price changes, ideal for detecting short-term movements.
20 period EMA: Provides a smoother view of the trend, helping to confirm the overall market direction.
Entry Conditions:
Buy Signal: When the 6 EMA crosses above the 20 EMA, indicating a possible start of an upward trend.
Sell Signal: When the 6 EMA crosses below the 20 EMA, suggesting a downward trend.