Bullish Indicators:
1) Double bottom
2) Support at 1.43192
Bearish Indicators:
1) LH LL
2) Downward Trend
3) Resistance zone at 1.44406 and the upward trendline.
Plan A: After making double bottom one can take a long position from here or on the breaking of upward trendline for the target of 1.46223
Plan B: On the failure of breaking of upward trendline and resistance zone at 1.44406 one can take short position for the target of 1.43192.
1) Double bottom
2) Support at 1.43192
Bearish Indicators:
1) LH LL
2) Downward Trend
3) Resistance zone at 1.44406 and the upward trendline.
Plan A: After making double bottom one can take a long position from here or on the breaking of upward trendline for the target of 1.46223
Plan B: On the failure of breaking of upward trendline and resistance zone at 1.44406 one can take short position for the target of 1.43192.
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