The Golden Cross 4H Strategy 🌟
1. Check the 4H Trend 📈
• Add 50 EMA (fast) 🟢 and 200 EMA (slow) 🔵 to your chart.
• Golden Cross: 50 EMA crosses above 200 EMA = Buy signal 🚀.
• Death Cross: 50 EMA crosses below 200 EMA = Sell signal 📉.
2. Wait for the Pullback 🎯
• After a Golden Cross, wait for the price to retest the 50 EMA 🔄.
• If the price bounces upward ⬆️, enter a Buy trade ✅, with a Stop Loss (SL) below the 200 EMA ⚠️.
3. Confirm with RSI 🔍
• RSI > 50 = Strong momentum for a buy 📊💪.
• RSI < 50 = Avoid buying 🚫.
4. Set Take Profit & Stop Loss 🛡️
• Take Profit (TP): Next resistance level 🏔️.
• Stop Loss (SL): Below swing low or 200 EMA ⛔. Aim for a 1:2 Risk-to-Reward Ratio 💰.
Golden Rule: Be patient 🧘, follow the trend 📈, and manage risk wisely 🛡️. Simple, reliable, and effective!
