What is Precision Strike?

Precision Strike (EMA Rejection)

Explanation and Usage: Precision Strike uses multiple EMAs to create dynamic support and resistance zones. When the market price approaches these EMAs and then rejects them, it indicates a potential trading opportunity.

Customisation Options: Select the EMAs you want to use. Using similar EMAs, such as EMA 21 and EMA 55, can narrow the range of potential pullbacks and increase the accuracy of the signals.

Example Scenarios: When the market pulls back to your set of EMAs, rejects them, and resumes the trend, this will lead to a trade signal.