1M
Last month’s candle closed with massive bullish momentum, taken out a monthly and weekly resistance levels. Also testing a second weekly level.
1W
Last week’s candle closed as somewhat of a doji (indecision), which rejected the weekly level. EMA pointing up.
1D
Price shows a shooting star test the weekly level, followed by an Evening star which is supported by the upwards facing EMA. Today we closed with a bullish engulfing and a 3 pin formation on the EMA.
4H
Price does line up with my preferred fib zone. EMA is not pointing upwards on this time frame as of yet, but price has closed above which is a good sign
Last month’s candle closed with massive bullish momentum, taken out a monthly and weekly resistance levels. Also testing a second weekly level.
1W
Last week’s candle closed as somewhat of a doji (indecision), which rejected the weekly level. EMA pointing up.
1D
Price shows a shooting star test the weekly level, followed by an Evening star which is supported by the upwards facing EMA. Today we closed with a bullish engulfing and a 3 pin formation on the EMA.
4H
Price does line up with my preferred fib zone. EMA is not pointing upwards on this time frame as of yet, but price has closed above which is a good sign
Trade closed: target reached