1. 20 EMA (blue line) below 50 EMA (red line) - bear trend 2. Price rejecting 1.4900 price zone 3. High test candle (24th of March) open & close below 20 EMA 4. High test candle (24th March) high at 20 EMA (blue circle) 4. Cluster of high test candles from 24th march - 28th march (blue rectangle)
Risk Management Risk/Reward: 1:2.56 Stop zone: 1.49300 or just above 24th of march high Target zone: 1.45200 or at evidence of reversal
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