Or / Dollar Américain
Long

50MA/200MA Golden Cross (pending)

964
50MA is about to cross 200MA to the upside. This is considered to be "The Golden Cross" . Golden Cross can be excellent sign of where a market is headed. , and is a buy and hold signal.
Inverted head and shoulders pattern can be seen on the chart as well. Multiple shoulders are marked and along with a upwards neckline are signalling powerful move to come.
Additionally we have a pin bar off of a bullish channel support (light red line).
Based on this (and previous analysis i have posted) i am a buyer in this market.

GAME PLAN: 500MA to cross 200MA - buy and hold. I might enter a bit aggressively as shown on the chart. Will see how the market opens. GL

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