based on EMA 200 DAILY and WR looking bullish . 4h demand will be stop loss
Looking on trend line it already break. Daily showing bearish candle same as on M30 EMA
Based on the chart we can price is going down.Looking at weekly candle already bearish
already 3 touch on MACD we can see confirmation. on H4 there are 3 rejection on trendline
We can see its on resistance. On left theres 2 resistance rejection
after few candles we can see it already rejection H4 now already on box. On MACD we can see confirmation to entry
on this we can see its already break trendline . now its on the box. MACD on M30 already shows confirmation to buy .
this one only depends on MACD D1 and candlestick daily engulf
Already touch the trendline plus on MACD. On M30 theres still ni sign to entry but H4 theres some reason to enter.Plus more candle Bullish engulf. However on London session still on bearish. We can wait on US session for more confirmation and candlestick. Stop loss around 60 pips between HH and HL . Lets see on US session
On D1 candle bearish engulf . although on MACD no sign for sell. SL only 15-20 pips just wanna test this method actually
already broke trendline plus there is also confirmation on support. On MACD H4 shows buy confirmation
on this analysis it already broke trendline on D1 plus candle also bearish harami. . However on MACD theres no sign to sell. so this analysis only based on candle. We can wait on Tuesday London session for more confirmation
Based on this MACD shows confirmation M30 and still in trendline hopefully can achieve this target
Reason on H4 there candlestick sell however on MACD H1 no sign . This analysis based on candlestick today
after breakout now its time to reversal . on D1 can see candle bearish. stop loss on H4 candle since still on asian session . Last trade Happy weekend !
Reasons on line W1 theres support. On MACD theres signal to buy plus candle still on box support
ALthough H4 MACD does not shows sign sell nut on candlestick there resistance . Plus on M30 theres sell sign there
reason since its already touch trendline retest .Now can buy since yesterday candle for confirmation only might go to 78.617