1M
EMA has been retested followed by a huge bearish engulfing .
1W
Last week’s candle rejected both EMA’s, followed by this week we have spiked up to the EMA and rejected again.
1D
Todays close has engulfed 5 days candles, whilst closing below the downwards facing EMA . Price is now trading back below the bearish trend line , also preferred FIB level has been tested.
4H
Price has pulled back and tested the EMA, leaving behind a wick rejection.
EMA has been retested followed by a huge bearish engulfing .
1W
Last week’s candle rejected both EMA’s, followed by this week we have spiked up to the EMA and rejected again.
1D
Todays close has engulfed 5 days candles, whilst closing below the downwards facing EMA . Price is now trading back below the bearish trend line , also preferred FIB level has been tested.
4H
Price has pulled back and tested the EMA, leaving behind a wick rejection.
Trade closed: target reached
Target 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.