FCPO 7 Oct 2021 : Breakout support & possible retracement
Setup :
1. Valid Breakout temporary support for consolidation area.
2. EMA14 cross EMA50 for 5min TF
3. Price crosses below EMA14 for 15min TF.
Signal :
1. Morning star pattern / Bearish Engulfing pattern.
1. Valid Breakout temporary support for consolidation area.
2. EMA14 cross EMA50 for 5min TF
3. Price crosses below EMA14 for 15min TF.
Signal :
1. Morning star pattern / Bearish Engulfing pattern.
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Short trade closed after bullish engulfing.
Buyers are still strong.
Buyers are still strong.
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