Rejected nicely from FIB 78.60
As you can see in the yellow circle, sma and ema have both crossed before trendline warning potential break, If a candle closes over trendline we will be bullish to next level which should be arround 115.500.
In situations like these, looking at the H4 timeframe with lines crossing usually indicates a break.
Lets go long
As you can see in the yellow circle, sma and ema have both crossed before trendline warning potential break, If a candle closes over trendline we will be bullish to next level which should be arround 115.500.
In situations like these, looking at the H4 timeframe with lines crossing usually indicates a break.
Lets go long