Trend has been bearish since the beginnig of the year . Price made a breakout of a support level (1.091) tested three times without retesting it . We have a five count elliot impulsive bearish wave , a formation of bullish shark pattern and stochastic indicator shows that we are in oversold zone . We might be at the first leg of correct wave . I am expecting the price to reverse after this long bearish movement to at least test the 1.091 level after i's breakout . For a buy at 1.08392 SL at 1.08046 and TP at 1.091 you get a RR ratio of 2
Good luck
Good luck