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lobfxempire
Jul 29, 2020 5:49 AM

THE BULLS ARE NOT GONE YET!! Long

British Pound/Japanese YenFXCM

Description

I'm sensing strong bullish pressure from the Daily Time-frame. Indicated to the left of the chart is a MA crossover between my Exponential & Weighted Moving Averages. Price recently bounced off of Daily Support towards the end of June. I expect the signal EMA to make a potential crossover with the 200 EMA.
(Orange Line) If that occurs i predict price movements towards Daily Resistance.

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