Price in uptrend coming from a recent reversal in downtrend when it breaks the 200MA
Last friday price broke the high of recent swing,
waiting on entry for a push towards the next weekly lvl
stop below the prev swing low
Checklist
- trend : up
- area of value: 20Ema
- Macro catalyst: USD weakening
- number of pullbacks in current cycle, 1
- pullback: weak, good for continuation
Last friday price broke the high of recent swing,
waiting on entry for a push towards the next weekly lvl
stop below the prev swing low
Checklist
- trend : up
- area of value: 20Ema
- Macro catalyst: USD weakening
- number of pullbacks in current cycle, 1
- pullback: weak, good for continuation
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.
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.