EURUSD W LDN LONG SWINGS

٣١ مايو ٢٠٢١

4h has been forming a sloped movement to the upside, furthermore, on the Daily, previous candle looks to be a rejection wick.

Long
1. From resistance to support - Multiple rejections @ 1.21730 level
2. Previous week Bullish Breakout
3. Potential Weekly Wickfill
4. 0.382 retracement
5. 4H 50EMA breakout
6. Market has been making HH HL structure on Daily

ENTRY
Bullish Engulfing 1H