Overall Trend shows bearish, price rejection on the 1.25 zone (previous support), bearish candle. awaiting first break of 1.24, 2nd break of 1.23 (confirmation for further downtrend), enter upon retracement with signs of bearish candle. #trendlineanalysis #noindicatorused
Kommentar:
Target: 1.22532 (previous support), entry should be around the 1.24(0-3) zone. SL slightly above previous structure above the wick at 1.24618.
Kommentar:
Long if price breaks 1.250 zone. wait for further confirmation