☄️ Trading Combo ☄️

💡 Try to combine moving averages with a Fibonacci extension to find the best entry and exit points.

⬆️As the EMA 50 crosses the EMA 200, it’s a good signal to look for buy positions. The level of 0.618 is located in the EMA200, and support zone, which is a perfect confluence area.

✅ The trade should be taken after a positive Price Action reaction to this level (candlestick formation). Fibonacci extension helps a trader to get the best Take Profit levels.

forex #mt #ema #fibonnacci