The market bounced off support and is currently experiencing a pullback through an engulfing candle. If the price hits support and breaks out of the descending triangle, the price would retest the former area of known resistance.
Entry: 0.05733424
Target: 0.065-0.075-0.087
SL: 0.04701561
The setup would be invalidated if the price fails to break out of the descending triangle
Entry: 0.05733424
Target: 0.065-0.075-0.087
SL: 0.04701561
The setup would be invalidated if the price fails to break out of the descending triangle
TP1 hit