This is one interesting moment!
First of all Let's start with Current Price Phase Gate which is 1.1130, it is a monthly decision point, and price tends to reach this point every month. This relates to Price Phase, so I make another Idea when gate is triggered regarding Price Phase Theory.
Let's start with current day.
We could try and open sell here because of MHI being right on Close Price, plus that we have a buy signal on 1.1150 that is providing some resistance, since it has to be broken for target to be met, as well Reversal from wave 5.
If price decides to move up, I add another sell from 1.1177, because of Buy signal completing and price being right on TIS.
When I flip to Buy? If price goes down to 1.1118 from now on! Right now without reaching TIS @ 1.1177
Because of today's MS and Monthly MHI being there, which works as an instant BUY .
Anyway remember market goes where it wants to go, we can risk reasonably. Let's see how this works out during the day.
I will try and go long from 1.1119 With stops 1.1106