A break of previous level of support coming back for a retest at that level. Confirmation is the formation of an order block at the previous level of support.
Another confirmation is the is the formation of a falling wedge giving momentum for the temporal bullish movement to the level of support. Breaking a previous high.
Our point of entry is at 1.19858 and applying risk reward ratio our stop loss is at 1.20148 and our safest take profit at 1.18766
Another confirmation is the is the formation of a falling wedge giving momentum for the temporal bullish movement to the level of support. Breaking a previous high.
Our point of entry is at 1.19858 and applying risk reward ratio our stop loss is at 1.20148 and our safest take profit at 1.18766
