22-4-2020 - Wednesday - 804PM -
Price has formed an upside break of structure (144 pips) with the EMA 14 crossing over to the upside of SMA 50. Price has respected the EMA 14 which has confluence with the Fib region and the Institutional Level as indicated by the Hammer Formation.
Long entry - Will enter a long position if price manage to retrace within the fib region providing better positioning.
Confluence - 15M EMA C FB - 15M & 30M Wide Inclining EMA 14 - 1H Upside break of structure - Insititutional Level
Price has formed an upside break of structure (144 pips) with the EMA 14 crossing over to the upside of SMA 50. Price has respected the EMA 14 which has confluence with the Fib region and the Institutional Level as indicated by the Hammer Formation.
Long entry - Will enter a long position if price manage to retrace within the fib region providing better positioning.
Confluence - 15M EMA C FB - 15M & 30M Wide Inclining EMA 14 - 1H Upside break of structure - Insititutional Level
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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.