5-min 6 EMA reclaim near 50-day support
I trade FAST intraday mean-reversion longs by looking for a bullish reclaim of the 5-minute 6 EMA (with MACD positive) around its key daily support area near the 50-day moving average, and then take the entry through the reclaim bar high as long as intraday relative strength holds versus QQQ/SPY.
The intraday strategy targets mean-reversion longs when FAST reclaims the five-minute 6 EMA with positive MACD around the key 50-day moving average support zone. Entry confirmation requires intraday relative strength versus QQQ and SPY to filter false reclaims.