While rallying up its corrected the order of the EMA’s for trend, 20 has crossed above 50, which is above 200, which is a Good time to buy.
I have a decisive buying bar setting up and I will buy the break of the high of that bar as long as it closes above resistance at 0.000568 (The Red Line) I will watch it carefully to make sure it takes out the recent high. Its an early that needs to be beaten.
Entry: 0.000594 (providing this bar closes above 0.000569
Stop Loss: 0.000552 (Bottom of the bar)
Targets: 0.000636, 0.000701, 0.000750 (The Black Lines)
If you want to make dollars your decisions need to make sense.
Follow for more trade ideas I will be posting another buy opportunity today.