I'm looking for a long setup for EJ.
the candle closed above EMA50
(Blue line = Daily Support) , looking for a re-tracement to this level before heading up and testing trend line again.
If it starts to head straight up to trend line ideally i would like to see it close above the golden zone ( 1hr resistance ) and retest the trend line and start an upward movement.
the candle closed above EMA50
(Blue line = Daily Support) , looking for a re-tracement to this level before heading up and testing trend line again.
If it starts to head straight up to trend line ideally i would like to see it close above the golden zone ( 1hr resistance ) and retest the trend line and start an upward movement.