Throughout the Asian & London Session, price has continue to make a series of HH & HL as it trend higher. After price formed a temporary top at 1.097 level, price has retraced lower towards Fib region for a Potential Bullish Continuation entry.
Bias = Bullish
Structure = Corrective to Impulse
Setup = Yes, 15M EMA C FB
Confluence = SMA 50 , Wide EMA Cross, 1H EMA 14
Entry = Right above 62 level
Risk = 1% each
Position = 2
Bias = Bullish
Structure = Corrective to Impulse
Setup = Yes, 15M EMA C FB
Confluence = SMA 50 , Wide EMA Cross, 1H EMA 14
Entry = Right above 62 level
Risk = 1% each
Position = 2
Trade closed: target reached
Position 1 hit TP at 10 pipsPosition 2 closed out at 5 pips
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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.