15M EMA C FB - Wide EMA 14 - SMA 50 - HH formation - 4H Bullish Engulfing - 1H EMA 14
An upside break of structure (179 pips) with price forming a HH with EMA Cross to the upside followed by a Wide Inclining EMAs. The 70.5 level has confluence with 15M SMA 50, 1H EMA 14 and the previous Swing High.
Entered as price rejected the 70.5.
Bias = Bullish
Structure = potential HL formation
Setup = 15M EMA C FB