The pair is in possibly in the process of forming a Double Bottom, which suggests a reversal.
The pair is detached from the EMA,50 and EMA,200, therefore retracement of the pair to the EMA,200 is imminent.
In conclusion, i'm bullish on this set up
Entry point:0.83959
S/L: 0.833705
T/P :0.84715(@EMA,200)
The pair is detached from the EMA,50 and EMA,200, therefore retracement of the pair to the EMA,200 is imminent.
In conclusion, i'm bullish on this set up
Entry point:0.83959
S/L: 0.833705
T/P :0.84715(@EMA,200)