So, im looking at a nice scalp on ECAD.
Momentum form de Daily TF, reach a doble top. Starting a down decent. SMA give notition of where we might go.
Waiting on a pull back on the 14&50 EMAs to enter till designated zones on chart
First of all i have to do a warning, first idea publish. Im learning and what to share my analisis.
After looking at this chart, seen that de price is at an all time hi since dic 5 2015, it is closer to the 40 lvl on the RSI.
i think that price will bounce of the support line of to the 113% to TP 1 and to de 127% to TP2, it should move at least 35pips on a...