XPT/USD has for the first time broken above the 200 EMA since the beginning of the year of 2018.
This is a good sign of long term reversal from a bearish trend to a bullish trend.
***We can expect it to move higher up if the current support above the 50 EMA on the 4 Hour holds strong.
Give it some more time for confirmation, and enter as it confirms its support and strength to move up.
Trade safe :)
This is a good sign of long term reversal from a bearish trend to a bullish trend.
***We can expect it to move higher up if the current support above the 50 EMA on the 4 Hour holds strong.
Give it some more time for confirmation, and enter as it confirms its support and strength to move up.
Trade safe :)
Comment:
Trading canceled until further confirmation, the 50 EMA on the 4H was not able to hold as support. No trades opened.
Trade closed: stop reached