Reversal Setup

Repeatable money maker.

I’m sure this is nothing new, but I designed it myself, with help from some kind fellows that I keep close - you know who you are.

This works on all timeframes.

With violent downtrends, EMA’s are expanded. These need to contract first, and therefore you never buy the first bounce. The first bounce nearly always gets rejected by the EMA21. The EMA21 is th…