Area of Confluence Long

British Pound/U.S. DollarFXCM

Description

⋅ Mar 2, 2021 2:49 AM

Technically, £/$ is in the area of confluence. 20EMA + Trend Line Area + Demand Area
Why not go for long even thou smaller TF are in the trend of DOWN. Good RR is seen here. Keep it simple.

Comments

MoneyMakerTrade

⋅ Mar 2, 2021 5:04 AM

Super !

banjade

⋅ Mar 3, 2021 3:41 AM

@MoneyMakerTrade thank you.. lets see today candle forming! Now Seeing rejection on the zone with news.