As you can see in this 4h tf that this pair that it still hasn't establish a downtrend reversal rather it had a strong sell impulse which may it even more ideal for a long set up right at the bottom which signifies a strong support with little to no sell volume and bears have exhausted their selling power.
Ideal entry would have been .7453 but anywhere at this current candle entry would be good.
SL is 10 pips below the support level of .7447 and TPs are just right below each resistance!
THIS IS NOT A FINANCIAL ADVICE PLEASE TRADE AT YOUR OWN RISK!!
HAPPY TRADING ALL!
Ideal entry would have been .7453 but anywhere at this current candle entry would be good.
SL is 10 pips below the support level of .7447 and TPs are just right below each resistance!
THIS IS NOT A FINANCIAL ADVICE PLEASE TRADE AT YOUR OWN RISK!!
HAPPY TRADING ALL!