1M
EMA crossed to the high side. Very strong bullish candles in the last few months.
1W
HH and HL are being formed, alongside EMA pointing to the upside position.
1D
EMA pointing up again on daily. Bullish engulfing on yesterday’s candle close.
4H
Two Rejections off the 78% fib level. Followed by a morning star. 8 hours ago, we also had an inverted hammer, which tested the counter trend line. Finally broke counter trend line with EMA crossing to the upside before the break.
EMA crossed to the high side. Very strong bullish candles in the last few months.
1W
HH and HL are being formed, alongside EMA pointing to the upside position.
1D
EMA pointing up again on daily. Bullish engulfing on yesterday’s candle close.
4H
Two Rejections off the 78% fib level. Followed by a morning star. 8 hours ago, we also had an inverted hammer, which tested the counter trend line. Finally broke counter trend line with EMA crossing to the upside before the break.
Trade closed: stop reached:
Stop Loss Reached.