below 20 within 7 periods indicating a clearly oversold condition.
Targets from:1.1394 -1.14368
Why I believe in going long in order of importance.
1)Strong oversold indication.
2)Within the range of a .
3)Potential pattern completion.
I must add I am rather new to this and that is my very first idea published.
I would appreciate any constructive criticism with reasonable arguments.Hope you see reason in my thoughts and rationale.