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TheSignalyst
Mar 25, 2020 10:08 AM

USDHKD Potential Bullish Movement Long

U.S. Dollar/Hong Kong DollarFXCM

Description

USDHKD Potential Bullish Movement

we are waiting for a momentum candle close above 7.760 to buy this one

Reason:
1- Regular Bullish Divergence on MACD (in red)
2- Objective Wedge (in blue)
3- Support / Demand Zone from Daily (in purple)

Three confluences are enough to consider Buying USDHKD, after a break below 7.760 (in gray)
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