- 3x times weekly has struggled to go below 1.1130 price leaving long daily candle tail below.
- Higher high formed in 4-hourly TF.
- Potential to reach next resistance points :
Entry point Long : CMP or any pullback at 1.1170 area ; TP : 1.1300 (+130pips) ; SL previous low.
Risk Reward 1 : 2.5
Always remember to trade with stop-loss, market is crazy & cunning*
I hope you all enjoyed my analysis.