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xChampi0nx
Dec 19, 2015 7:33 PM

EUR/MXN -A nice long set up!!! Long

EURO / MEXICAN PESOICE

Description

Monthly: Doji in works at Tenkan/Kijun
Chikou confirming momentum
Broken triangle and testing trendline right now before take off
Rsi holding 60 zone
EWO green
Weekly:Bullish candles confirmed by chikou
Above Tenkan and Kijun
Stoch and rsi ,hadelta rising
BULLISH OVERALL
Daily:200 sma held as support
Price currently finding supp at 100 wma and Kijun,
Long on reversal candle here.
This trade ,if you keep patience, can give you very nice R:R.....
Comments
xChampi0nx


4H- Nice reversal at cloud bottom. There is kijun resistance above. But this is low risk entry. Or you can wait a bit but then you will need a wide stop...
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