Confluences for Trade:
- Strong Candle
- Break of in H4 (Established since Sept 2018)
- Hovering around 50% Fibo levels of previous uptrend move
- Narrowing gap between 8EMA and 50EMA
- SL Levels is placed below the M/T (since May 2018) and 61% Fibo levels of previous uptrend move
However is showing H4 is around Overbought conditions, you may want to consider to wait till the Stochastics re-balances itself before entering the trade.
Entry @ Anywhere around Area of Interest (113.00 - 113.80)
RR: Approximately 2.21 (Depending on Entry Levels)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.