EUR/USD LONG
Updated
1M
EMA pointing to the up side, last two months candles have rejected the resistance level of 1.24000.
1W
3 weeks ago a hammer formed, followed by two candles showing the indecision in the market. All candles have been supported well by the bullish EMA.
1D
Yesterday closed with a bullish engulfing, taking out 3 days of movement. The same candle rejected a strong support line at 1.22414.
EMA are about to cross if tomorrows candle is a strong bullish candle.
4H
EMA are pointing to the up side, after the CTL has been broken by the price action. Preferred Fib zone has also been it. Target is set above 1.24000 monthly resistance and 10 pips below the next resistance level.
EMA pointing to the up side, last two months candles have rejected the resistance level of 1.24000.
1W
3 weeks ago a hammer formed, followed by two candles showing the indecision in the market. All candles have been supported well by the bullish EMA.
1D
Yesterday closed with a bullish engulfing, taking out 3 days of movement. The same candle rejected a strong support line at 1.22414.
EMA are about to cross if tomorrows candle is a strong bullish candle.
4H
EMA are pointing to the up side, after the CTL has been broken by the price action. Preferred Fib zone has also been it. Target is set above 1.24000 monthly resistance and 10 pips below the next resistance level.
Note
Stop Loss moved into profitTrade closed: stop reached
Profit Stop loss Hit
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