EMA's looking good on 1h and 4h timeframe.
Price broke above 50 EMA on 1h and now tested it as support. 50 and 14 EMA also looking to cross bullish on 1h tf
Price well above 14 EMA on 4h tf which acted as strong resistance previously
appears to have made 5 waves down inside the falling wedge
Price broke above 50 EMA on 1h and now tested it as support. 50 and 14 EMA also looking to cross bullish on 1h tf
Price well above 14 EMA on 4h tf which acted as strong resistance previously
appears to have made 5 waves down inside the falling wedge
Commentaire:
breakout + retest of EMA's and resistanceline as support
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
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If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ