BIAS: SHORT AS PER BELOW ANALYSIS
Bullish Indications:
1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr.
2) Support @ 1.06390 & 1.05050.
3) Bullish Engulfing - 1 Hr
Note: Take a Long entry after resistance of Rising Wedge is broken and respected at retest.
Bearish Indications:
1) Resistance @ 1.07868
2) Bearish Harami + Hanging Man - 4 Hr
3) Rising Wedge
4) Bearish Divergence - 1 Hr
Note: Take a Short entry after Support @ 1.06390 is broken and respected at retest. Additional Short opportunity if Price breaks the Support of Rising Wedge and respecs it at retest.
Thank You!
Bullish Indications:
1) Bullish Trend - Daily, Bullish Trend - 4 Hr, Bullish Trend - 1 Hr.
2) Support @ 1.06390 & 1.05050.
3) Bullish Engulfing - 1 Hr
Note: Take a Long entry after resistance of Rising Wedge is broken and respected at retest.
Bearish Indications:
1) Resistance @ 1.07868
2) Bearish Harami + Hanging Man - 4 Hr
3) Rising Wedge
4) Bearish Divergence - 1 Hr
Note: Take a Short entry after Support @ 1.06390 is broken and respected at retest. Additional Short opportunity if Price breaks the Support of Rising Wedge and respecs it at retest.
Thank You!