Description
⋅ The following are machine translations:
In the 4-hour chart, the front line rose and then fell.
It stopped falling and rebounded near 0.735.
After the rebound, it stepped back to the vicinity of 0.735 and rebounded.
The MACD indicator and the OVB indicator diverged from the bottom.
At present, a double bottom is formed, and the 0.735 support is confirmed.
It is expected to form a W pattern, which is bullish.
The operation was low and long, and the price was near 1, and the stop loss fell below 0.73.