The general overall trend of the market on Daily and weekly is Bullish. We had a retracement to 0.87250 followed by an engulfing bullish candle which indicate that we are on the move to the upside. Nonetheless, we also have another current retracement of the daily bullish move and that is what we are going to capitalise if the market changes it is behaviour on the lower timeframes like 1hr (if we get W pattern or head and shoulder) around the Fibonacci region or you can also call it the recent level support at 0.87750
Trade ist aktiv:
I am in the trade alredy so a 15 min W pattern