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Mvrgxo

EURUSD Long

Long
Euro / U.S. Dollar (FX:EURUSD)  
Mvrgxo  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
EURUSD has now created HL on the 4H time frame. Currently sitting at a support zone with a potential engulfing candlestick pattern. The 1H timeframe shows a rejection from the previous consolidation zone and RSI and EMA'S are showing bullish momentum on lower timeframes.
I will watch closely in the London session to get a good entry if all confirmations are met.

Things to consider:
News?
Candle stick patterns
EMA'S
Momentum?
Support and resistance levels.
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