Confluences:
1- Price was moving above EMA 200.
2 - Price has broken the value area (Resistence).
3 - High Volume.
4 - Uptrend at Daily chart (Above EMA 200).
5 - Buy Signal at MACD at 1H chart and 4H.
6 - bounced from Uptrend line.
1- Price was moving above EMA 200.
2 - Price has broken the value area (Resistence).
3 - High Volume.
4 - Uptrend at Daily chart (Above EMA 200).
5 - Buy Signal at MACD at 1H chart and 4H.
6 - bounced from Uptrend line.
Trade active:
Trade active:
Comment:
Price has re-tested the line and begin to bounce from it.
Comment: