Date: 28 December, 2016
D1 Graph: Long term long trend
The price stopped its fall exactly above the 200 ЕМА. At this zone there is a strong horizontal support and FIB 50%. Price again started going up and breaking diagonal resistance.
Price Action: Engulfing bar at horizontal support – signal for long
DEM (14) – In the oversold zone and turned up for long
Price for Entry long around: 0.9320
Jr. Trader – S. Fuchedzhiev