Price has nicely fallback into H4 demand zone and bottom of ascending channel. Either it can bounce from this level or stretch further to below of demand zone @ 1.1270 area (H4 EMA50) before heading back into the supply zone. The target for bulls potentially will be 1.1400 (top of the ascending channel) this round.
BUY ENTRY: 1.1285 or 1.1267
SL: 1.1245
TP1: 1.1365
TP2: 1.1400
Kommentar:
Price perfectly played out. profits booked @1.1325 and trade has been withdrawn. Awaiting next price action.
