On a 1D chart a double bottom formed (some could even consider a triple bottom). Price then broke out above pivot point of 0.8951
Next significant resistance region could be between 0.9050 - 70
Hence, took a short term long position with stop at 8940 and target at 8950 (conservative).
!!!! Constructive criticism and feedback are welcome!!!
Next significant resistance region could be between 0.9050 - 70
Hence, took a short term long position with stop at 8940 and target at 8950 (conservative).
!!!! Constructive criticism and feedback are welcome!!!