27-5-2020 - 15M EMA C FB - GU Short

Updated
15M EMA C FB - Declining EMA 14 - Exhausted Uptrend - LL formation

A downside break of structure (20 pips) with EMA Cross and a declining EMA 14. Price has printed a Shooting Star as it rejects the 70.5 level.
I'll aim for atleast a 1.5RR or 15pips target.

Entry was kind of late.

Bias = Bullish
Structure = Corrective to downside
Setup = 15M EMA C FB
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Trade closed: target reached
1 position hit tped at 10 pips.
2 position hit tped at 7 pips.
Trend Analysis

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