EURUSD LONG

Updated
1M
EMA crossed to the up side with strong bullish momentum in the past few months.

1W
EMA again crossed to the upside. Last week we closed above the weekly support, this week we are currently retesting this support.

1D
A new higher low has been formed, while breaking the trend line to do so. Yesterday’s candle closing as a hammer, rejecting the EMA.

4H
CTL broken, EMA pointing to the upside on the 2H time frame but when I placed this trade was not pointing up on the 4H. Closed strongly above the Weekly Support level.
Trade closed: stop reached
News Stopped me out.
Trend Analysis

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