Kardec Trader walks through a long position setup using stacked EMAs at 5, 9, 13, and 21. He enters when the EMAs align in bullish order and a fair value gap prints on the 3am candle, avoiding entries when the lines intertwine.
So I have a few EMAs that I use 3am and I'm coming to the charts right? Here's. This is a 5 EMA to 9. I use a 13 and then a 21. Okay. For the sake of the conversation, we're only going to be focusing on a long position. I do take shorts, but let's go with my A plus. Long, long setup. So now when I come into the market.
You see how all these EMAs here, the 5, the 9, the 13 and the 21, they're all stacking, so it's showing strong bullish structure already. If they intertwining like this. If the EMAs were crossing like here, I wouldn't be interested in any price action that has to do with that because it's a low probability condition. So now when I come to the market, I'm looking for 3am hits here. What do I see? I see a fair value gap here printing on the 3:00am candle. Right. Let's just say it was a small wick here. Okay. And then you have another candle here and then another candle here like this. Right. So after I see that, that's my first sign.
