Salaam
in H4 timeframe:
the price breaks the trend line and waiting for a pullback.
the trigger is when the price will go higher than the last high point.
Also, there is a divergence in MACD in the daily timeframe.
The target is 0.62 Fibo.
However, please note that the price is on the daily descending channel.
good luck
in H4 timeframe:
the price breaks the trend line and waiting for a pullback.
the trigger is when the price will go higher than the last high point.
Also, there is a divergence in MACD in the daily timeframe.
The target is 0.62 Fibo.
However, please note that the price is on the daily descending channel.
good luck
It seems that bearish force is too high, so look at 1.0988 support level. it could act as a mirror level. waiting to fake breakout and also break the trend line,