21-5-2020 - 1PM - 15M EMA C FB - Bearish Continuation
EMA C FB - Wide Declining EMAs - 15M EMA 14 - 1H SMA 50 - 4H Wicks Fill to downside
A downside break of structure (45 pips) with EMA Crossover followed with a Wide Declining EMA 14.
Price has made a series of consecutives LH & LL and is trying to get a break on the 1740 Institutional Level which is also the EMA 200 on the M30.
Bias = Bearish
Structure = Impulsive
Setup = 15M EMA C FB
Confluence = Wide Declining EMA 14 , 4H wicks fills, consecutives LL & LH,
A downside break of structure (45 pips) with EMA Crossover followed with a Wide Declining EMA 14.
Price has made a series of consecutives LH & LL and is trying to get a break on the 1740 Institutional Level which is also the EMA 200 on the M30.
Bias = Bearish
Structure = Impulsive
Setup = 15M EMA C FB
Confluence = Wide Declining EMA 14 , 4H wicks fills, consecutives LL & LH,
Trade closed: target reached:
Position 1 tped at 1RR
Position 2 Tped at 3RR
Position 2 Tped at 3RR
