The 5 minute has alot of yoyo, true, but is good for trading weekly options, as 20ema is used for support, resistance, and macd, slow stoc, indicate a strong or weak move.
30 minute centerline... Good trade yesterday...know that you are trading against a bullish bias...so a scalp works...still working... What is the momentum looking like...30 minute bounce here or is 30 minute only 1/2 done...?... Walk through a few intraday cycles here and your confidence will grow... Enjoy...
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