RSI holding above 40, market is likely to rally over the next few days towards 1.40000 area. Recent Pin Head candle suggests market is bullish. Support area is 1.37900
Price action near Apex of Triangle, Long term trend is still bullish, so placing an order for a break upwards.
TP: 1.40000 Area
Trailing stop will track 34 EMA once...
RSI is trapped along 65ish indicating a possible market trend change. Sharp Trendline likely to break in next few hours. Resistance turned support at around 0.91340. Expecting the break in sharp Trendline to force price past sudo support and next bounce will occur along the longer term Trendline.
Trade setup is:
Short @ 0.91330
TP @ 0.91130 to cater for trendline...