- As you can see on the chart price failed to break 1.92000 and big long engulfing bullish candle formed.
- Also we can see that market logic is changed.
- price still in consolidation even after retesting on 1.95000 multiple times.
- So we can predict that price want to break 1.95000 and rise.
- We should wait for a daily closure above 1.95000 for longing and below 1.92000 for shorting.
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