Chart: 1 Hour Time Frame
Market: Uptrend
Bullish Indicators
1. Low Test Candlestick found at 1.11500
2. Doji Bar follows low test candle
3. Bullish Candle low below 50 EMA, Open/Close Above 50 EMA
4. Daily chart displays weak sell signal (Double top)
Market: Uptrend
Bullish Indicators
1. Low Test Candlestick found at 1.11500
2. Doji Bar follows low test candle
3. Bullish Candle low below 50 EMA, Open/Close Above 50 EMA
4. Daily chart displays weak sell signal (Double top)
Comment:
Target reached 16th of March 2016.