EUR/USD LONG
Updated
1M
EMA is crossed to the upside, with very strong momentum from previous months, forming a three white soldiers. Also pushed passed the last higher high.
1W
EMA to the upside, this week’s candle almost engulfing last weeks.
1D
3 days ago the daily closed below the EMA line followed by a candle which closed above with strong bullish momentum. Todays close saw the pin bare reject the EMA line.
4H
Counter trend line has been broken, while rejecting the EMA. Small pendent also broke to the upside, arrow showing the mouths distance. EMA also crossed to the upside before the CTL was broken. Two rejection pins on the 61% fib line. Target is -27% fib, as long as we can break above 1.19250.
EMA is crossed to the upside, with very strong momentum from previous months, forming a three white soldiers. Also pushed passed the last higher high.
1W
EMA to the upside, this week’s candle almost engulfing last weeks.
1D
3 days ago the daily closed below the EMA line followed by a candle which closed above with strong bullish momentum. Todays close saw the pin bare reject the EMA line.
4H
Counter trend line has been broken, while rejecting the EMA. Small pendent also broke to the upside, arrow showing the mouths distance. EMA also crossed to the upside before the CTL was broken. Two rejection pins on the 61% fib line. Target is -27% fib, as long as we can break above 1.19250.
Note
Take Profit has been moved up to 1.20312 Stop loss moved to break even.
Trade closed: target reached
New target reached. 158 Pips gained
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