Dear all,
I am learning forex at udemy courses. Currently i am learning 2 step entry method. But i understand what he really teaching. But i have a question to clarify, as you can see the image i have attached. I have 3 EMA with me, there are green 21 EMA, blue 50 EMA and red 100 EMA. Blue is above red, so price is raising, so in order to execute the 2 step entry method, i have learn that the first candle of phase 1 should be above the 21 EMA green. As you can see the timer for the first candle trigger is 00:29:34.
Now my question is do i really need to wait 29 minutes 34 seconds to make sure the candle hits above 21 ema green line? and if it does not hit above 21 ema green, i need to wait for another first candle again to make sure it hits 21 ema green?