After testing a lower level with a Double bottom, which i believe to be a strong reversal patern. Price has made a higher high, retraced and now showing an exhausion sentiment on Stoch Rsi . Time to go for long
Im expecting the price to reach my Resistance Level and turn Down for a retracement. Target on the Support line.
As price in king i will update if anything pops up with candlesticks formations.
I identified a Descending Channel, Price reached the lower Line after breaking it previous support; showing actually it high oversold sentiment confirmed on the stoch Rsi. Im expecting the price to rally up Now, with a SL 3 pips below the Support Area. Lets Follow frice Action.