Take a short scenic route to some profits.
Why a long trade?
Higher lows developed.
Price has been away from the 50 sma for awhile.
Macd has crossed above the red signal line.
Watch pullback back to between 38.2% and 61.8% fibs then long.
Take Profit at the 50 sma. Confluence with 127.2% fib line.
Tell us how you would trade this pair!
Why a long trade?
Higher lows developed.
Price has been away from the 50 sma for awhile.
Macd has crossed above the red signal line.
Watch pullback back to between 38.2% and 61.8% fibs then long.
Take Profit at the 50 sma. Confluence with 127.2% fib line.
Tell us how you would trade this pair!
Note
15m chart price did have a pull back and now is in a bullish continuation move to the 1H 50 sma level.Note
15m chart price hit 1H 50 sma target price.
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.
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.