EURUSD Special RSI/ MACD occurrence.

Pattern: Bearish Megaphone on 4H.

Signal: Buy as the MACD formed a Bullish Cross, while the RSI broke below 30.00 and bounced. Every time those two parameters were fulfilled at the same time, the price has hit either the 4H MA50 (blue trend-line) or 4H MA200 (orange trend-line).

Target: 1.18500 (slightly below the 4H MA50) and 1.19800 in extension (slightly below the 4H MA200).




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