Reasons for
- We are clearly up trending
- We are putting in higher highs and lower highs
- We are getting nice swing highs and structure
- Previous 4 hour candle was a bullish hammer (Bullish candle)
- We have nice long wicks to the downside which signals more buying power
- We are above key level of 0.75000
Daily
- We put in a huge Bullish engulfing last week Friday
- Today we are forming a bullish hammer of the Daily candle
- We are riding the trend which is bullish
- Remember the trend is you're friend
weekly
- We have had 8 bullish weeks in a row the momentum is to the upside which is clear to see
- on the weekly we cleared major level off 0.75000
- We are clearly up trending
- We are putting in higher highs and lower highs
- We are getting nice swing highs and structure
- Previous 4 hour candle was a bullish hammer (Bullish candle)
- We have nice long wicks to the downside which signals more buying power
- We are above key level of 0.75000
Daily
- We put in a huge Bullish engulfing last week Friday
- Today we are forming a bullish hammer of the Daily candle
- We are riding the trend which is bullish
- Remember the trend is you're friend
weekly
- We have had 8 bullish weeks in a row the momentum is to the upside which is clear to see
- on the weekly we cleared major level off 0.75000
Trade closed manually:
Trade closed early for 55 pips profit
