- On the weekly time frame, the pair reached the same support level that bounced up more than 3 times before and it was also a strong resistance level, plus there's Pinbar candlestick that maybe change the direction to up, also there's a negative divergence.
- The daily time frame, there's Doji candlestick then Bullish Engulfing candlestick, which may be a good sign to go long this week.
- Using the Fibonacci levels On H4 time frame from the high 0.7025 to the low 0.6823, we will find that, the pair faces resistance level at 38.2 Fib so if the pair break out this resistance level it will be a good sign to go long.
- Entry level: 0.9622
Tp1: 0.9650
Tp2: 0.7025
Tp3: 0.7140
stop loss below 0.6820
- The daily time frame, there's Doji candlestick then Bullish Engulfing candlestick, which may be a good sign to go long this week.
- Using the Fibonacci levels On H4 time frame from the high 0.7025 to the low 0.6823, we will find that, the pair faces resistance level at 38.2 Fib so if the pair break out this resistance level it will be a good sign to go long.
- Entry level: 0.9622
Tp1: 0.9650
Tp2: 0.7025
Tp3: 0.7140
stop loss below 0.6820