EA Thesis
- Weekly: Last week candle closed with a long wick after rejection off major level 1.6225 signalling bullish momentum could still push EA to the upside.
- Daily: Friday candle also closed with a long wick to the upside after rejection off major level 1.6225 signalling bulls could push market higher to next possible target 1.6305. Double bottom formed at major level signalling bulls could really be in control.
- 1hr: Now waiting for a possible pullback into 1hr launch pad/ previous daily lows, If level holds we could see a strong bullish rally towards 1.6305.
Trade active
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.