Although trend is bullish, as you can see, it tested the 1.21700 line, but no confirmation, therefore returned at 1.21400, and now is testing again. It tested it a couple of times, as you can notice, so you can expect the trend to continue. Best way to have the clear confirmation is at the 4h graph, one and a half hours from now.
Afterwards, a long position can be opened, with a TP of at least 1.22, or even 1.23 if you want medium to long term, but use SL and/or TS for as loss recovery, in case things go south.
Cheers !
Afterwards, a long position can be opened, with a TP of at least 1.22, or even 1.23 if you want medium to long term, but use SL and/or TS for as loss recovery, in case things go south.
Cheers !