Structure: Uptrend Moving Average: Turning Uptrend, Close Above 200 SMA Resistance Trendline: Daily TF Uptrend Line holds, Short Term Downtrend Line Broke Out Pattern: Triangle Breakout and Double Bottom Rebound Trigger: Huge Bullish Candle to end consolidation Support: 1.3050, 1.2970 Resistance: 1.3180, 1.3260
Wait Small Retracement to 1.3050 to 1.3080 area, enter long if 1H Bullish Candle closed. Entry Area: 1.3050 - 1.3080 SL: 1.2950 1st Target: 1.3250 2nd Target: 1.35
Clear Uptrend Move and 50 SMA strong support on Daily TF