-on 1D time frame we show a difference on RSI and MACD and we have a Golden Cross -on 4H time frame we show a bearsh channel I think it could break up that channel
For confirmation :
Wait for the insurance of technical patterns on small frames , such as Double Bottom, Head and Shoulders, and others.
I did an analysis and decided that when the markets open am taking the long position. This is however limited as there's been a downward trend from 7th Jan and 4th Aug, and it crosses the upward trend at 1.181 (most likely on 14-15 Sep) and on 15th Oct at 1.175 (I set up two upward trendlines and one downward trendline, touching Jan 7 and Aug 4)
If price touches either of the trendline, I am maintaining the position provided thereby.
But thanks for this analysis. I can see we both target the long position and I hope the price keeps going up as the bullish trend has been occurring since Nov 4 last year