With 110.19 as SL, going to take SHORT position, after watching current 1 hour candle.
There is resistance in this area.
Ideally, 1HR candle should come below BB(1.612) line and close below it for entering a trade.
RSI is on the positive side, but there is divergence.
Waiting for 1 hr to get confirmation, to take trade.
There is resistance in this area.
Ideally, 1HR candle should come below BB(1.612) line and close below it for entering a trade.
RSI is on the positive side, but there is divergence.
Waiting for 1 hr to get confirmation, to take trade.
Till the price breaks 1.61 bollinger band, I wont be entering into trade.