This is a strong downtrend but based on my analysis if resistance level is broken and we have a coninuationt toward the top and a bounce of both trend line and the 50% fib , we have a potential long... The first Take profit will 1.012 then my second one will be 1.02
If these conditions are not met I will not place any trade and will not go long.
This is my point of view as I am not an expert.
If these conditions are not met I will not place any trade and will not go long.
This is my point of view as I am not an expert.