Euro / DollaroLong
EURUSD LONG
- 200 EMA rejection
- Bullish candle confirmation
- RSI severely overbought
- 50 EMA > 200 EMA = buyers market
- Sharp sell of with some consolidation (buyers stopping sellers)
- Pullback to trend line and resistance level as expected
- Entry executed on an hourly bullish inside bar candle
- Daily time frame agreement with triangle pattern broken and entry on the retest
Everything seems to line up with Euro seeing a spike. Confluence is our friend
- Bullish candle confirmation
- RSI severely overbought
- 50 EMA > 200 EMA = buyers market
- Sharp sell of with some consolidation (buyers stopping sellers)
- Pullback to trend line and resistance level as expected
- Entry executed on an hourly bullish inside bar candle
- Daily time frame agreement with triangle pattern broken and entry on the retest
Everything seems to line up with Euro seeing a spike. Confluence is our friend
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