EURUSD, Prepare long entry

Von Omhhh
Aktualisiert
Personal Reference- I am not a professional trader.

Brilliant amount of structure supporting at the moment! Time your entry using smaller time frames.

  • Text Book Divergence, lower price point on chart, higher mark on both MACD (including flip switch to the bull side) and RSI.

  • EMA 28 and 50 about to cross to the positive.

  • If pivot holds, 80% chance of us hitting the median line (given appropriate time)


Thanks to @AVASREADER for publishing this long position. See their post at the following link.

https://www.tradingview.com/chart/EURUSD/J99rzmwc-Forex-EUR-USD-Trade-Pt-1/
Kommentar
Hourly, Not a bad entry point, you can wait for confirmed breakout of triangle or for positive print on 4H

Uptrend line sustained from 02/01/19
RSI Double Bottomed
Histogram improving

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Chart PatternsTechnical IndicatorsTrend Analysis

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