HM signal (High momentum) spotted. Looking good with previous wave up with increasing volume and momentum.
- Heathy retracement and support well at good level @ 0.700 - 0.720
- Sign of accumulation with low selling pressure
It is at extremely good reward to risk level now if able to hold above the support level. However, it will be safer if wait Day candle to...
Looks like Momentum is setting in...
Close: 0.65
EP: 0.64 - 0.665
Sl: 0.0.57
TP: 0.74/ 0.78/Open
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision.