15M EMA C FB - Wide EMA 14 - SMA 50 - HH formation - 4H Bullish Engulfing - 1H EMA 14
An upside break of structure (179 pips) with price forming a HH with EMA Cross to the upside followed by a Wide Inclining EMAs. The 70.5 level has confluence with 15M SMA 50, 1H EMA 14 and the previous Swing High.
Entered as price rejected the 70.5.
Bias = Bullish
Structure = potential HL formation
Setup = 15M EMA C FB
An upside break of structure (179 pips) with price forming a HH with EMA Cross to the upside followed by a Wide Inclining EMAs. The 70.5 level has confluence with 15M SMA 50, 1H EMA 14 and the previous Swing High.
Entered as price rejected the 70.5.
Bias = Bullish
Structure = potential HL formation
Setup = 15M EMA C FB
Trade closed: target reached
1 position closed at 1.8RR1 Position closed at 2.8RR
Related publications
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.
Related publications
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.