Entry comes after the pin bar form on rectangle resistance turned support at price level 2133.07. Resistance level turned support has four or more touches. Closing price of pin bar is near the price value of exponential moving averages. EMA s are pointing up which indicates an up trend.
Exponential Moving Average Period 10: 2119.21 Exponential Moving Average Period 20: 2096.45 Closing Price of Pin Bar: 2133.08
Trend: Up Trend Level: Horizontal Support Resistance, Exponential Moving Average Period 10, Exponential Moving Average Period 20, Dynamic Support Resistance Signal: Pin Bar
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