The price action has been trading within an ascending channel; after rejection from the support line, it has bounced and turn into a bullish momentum. Now, the recently formed golden cross with the EMA confirms the upward continuation and buyers force that remains. Allows the setup of a buy order after the retest of the broken supply zone.
The order:
Type: buy-limit
S/L: 30 pips - R:R | 1:4 -
T/P: trendline resistance
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The order:
Type: buy-limit
S/L: 30 pips - R:R | 1:4 -
T/P: trendline resistance
--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
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