EMA C FB - Wide Declining EMAs - 15M EMA 14 - 1H SMA 50 - 4H Wicks Fill to downside
A downside break of structure (45 pips) with EMA Crossover followed with a Wide Declining EMA 14.
Price has made a series of consecutives LH & LL and is trying to get a break on the 1740 Institutional Level which is also the EMA 200 on the M30.
Bias = Bearish
Structure = Impulsive
Setup = 15M EMA C FB
Confluence = Wide Declining EMA 14 , 4H wicks fills, consecutives LL & LH,
A downside break of structure (45 pips) with EMA Crossover followed with a Wide Declining EMA 14.
Price has made a series of consecutives LH & LL and is trying to get a break on the 1740 Institutional Level which is also the EMA 200 on the M30.
Bias = Bearish
Structure = Impulsive
Setup = 15M EMA C FB
Confluence = Wide Declining EMA 14 , 4H wicks fills, consecutives LL & LH,
Trade closed: target reached
Position 1 tped at 1RRPosition 2 Tped at 3RR
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.