HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.700 - 0.720
- Sign of accumulation with low selling pressure
It is at extremely good reward to risk level now if able to hold above the support level. However, it will be safer if wait Day candle to close high and form a bullish candle.
- Heathy retracement and support well at good level @ 0.700 - 0.720
- Sign of accumulation with low selling pressure
It is at extremely good reward to risk level now if able to hold above the support level. However, it will be safer if wait Day candle to close high and form a bullish candle.