Exponential Moving Average (Indicator)

1) Price-based action: EMA acts as good support and resistance. Use 50,200 EMA in 15 minutes time frame.

In the uptrend, if the price comes down to ema and takes support from it then we can buy near it and stop-loss a little below ema. In the downtrend, Ema acts as a resistance and price may come to it then fall again so we can short near it (see picture)

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