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60 Min EMA on 5 min Chart
Hi, May i know what is the purpose of 60min EMA on 5min chat?
It is a magnet. There are other time frames with magnets and Al does not show them in the 5 min chart because he thinks they are not helpful for his trading, otherwise they would be drawn as well.
5 mins bars below 60 min EMA if we see price action possible for bears it is useful for added advantage like that.Is it?