EURUSD LONG

23 พ.ค. 2020

- 200 EMA rejection
- Bullish candle confirmation
- RSI severely overbought
- 50 EMA > 200 EMA = buyers market
- Sharp sell of with some consolidation (buyers stopping sellers)
- Pullback to trend line and resistance level as expected
- Entry executed on an hourly bullish inside bar candle
- Daily time frame agreement with triangle pattern broken and entry on the retest

Everything seems to line up with Euro seeing a spike. Confluence is our friend