EURUSD has potentially exhausted its first bullish impulse on the 15m chart. SL is placed above 4 moving averages with target at a conservative .382 pullback.
Bearish Confluence:
Happy Trading! -GM
Bearish Confluence:
- Rising wedge
- Possible leading diagonal
- 25 day EMA resistance
- 25 Day SMA resistance
- 21 Day EMA resistance
- 21 Day SMA resistance
- Bearish divergence
Happy Trading! -GM
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Savage impulse! Waiting for next signal. Neutral on the pair now.