$PONS Long buy
Entry: 0.6400 - 0.6580
Stop loss: 0.6100
First target: 0.6960
Second target: 0.7380
Third target: 0.7730
Break the price above the fast moving averages (EMA 9, 20, 34) and have the SAR indicator positioned below the candle at 0.6156, with a rebound from the bottom of the down-channel at 0.6120 to form an upward structure targeting a breakout of EMA 50 and 100.
Entry: 0.6400 - 0.6580
Stop loss: 0.6100
First target: 0.6960
Second target: 0.7380
Third target: 0.7730
Break the price above the fast moving averages (EMA 9, 20, 34) and have the SAR indicator positioned below the candle at 0.6156, with a rebound from the bottom of the down-channel at 0.6120 to form an upward structure targeting a breakout of EMA 50 and 100.
