Moving Average:
Against Daily MA
H4 pointing upwards
Pattern:
AB=CD pattern
Strong resistance at 0.5430- 0.5440
30 pip stop loss.
70 pip target
This is a counter trend. H4 is OB and Double Top. We will exit this trade quickly upon M15 OS situation
Against Daily MA
H4 pointing upwards
Pattern:
AB=CD pattern
Strong resistance at 0.5430- 0.5440
30 pip stop loss.
70 pip target
This is a counter trend. H4 is OB and Double Top. We will exit this trade quickly upon M15 OS situation