MN-W1 price above ema-20/50/200. D1 price is above ema-200, price appears to be consolidating on as ema-20/50 are intertwining with consolidating falling wedge pattern. Price has bounced back several times from the high of 24-03-20, each time before reaching its price target a correction appears suggested by price trending above H4-ema-20/50.
Bullish on multiply timeframes W1-H1.
Take Profit: 0.88000
Stop Loss: 0.86400
From 04-11-16 price has been bearish till 23-03-20 due to coronavirus price had hyperextended bearish, testing the trendline low. Since 28-03-19 high price has trended bearish currently price is above trendline. This could suggest that price has reversed from March low and now is...
Price-MN below ema-20/50/200. AO-MN shows negative momentum
with AO below both ao-ema-9/20. However, compared to the
previous month May has experienced an increase in buying pressure.
Price-W1 above ema-20/50 but below ema-200. AO-W1 shows an
increase in buying pressure with both ema-9/20 below price. However,
ema-9 is still below ema-20 yet to crossover, this...