EURUSD has potentially exhausted its first bullish impulse on the 15m chart. SL is placed above 4 moving averages with target at a conservative .382 pullback.
Bearish Confluence:
Happy Trading! -GM
Bearish Confluence:
- Rising wedge
- Possible leading diagonal
- 25 day EMA resistance
- 25 Day SMA resistance
- 21 Day EMA resistance
- 21 Day SMA resistance
- Bearish divergence
Happy Trading! -GM
Trade active
Trade closed: stop reached
Savage impulse! Waiting for next signal. Neutral on the pair now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.