Ive worked down in timeframes.
On the 4H, Price is sitting around 105.050 region, which has previously acted as a key Support Zone.
On the 1H you can see a clear descending channel, which price broke today. We are expecting price to retrace back into the channel.
The Stochastic indicator is clearly showing an oversold market on both 4H, 1H and 15min.
We will look at a buy trade, to learn more on our position, please do not hesitate to contact me.
Remember to LIKE, COMMENT and FOLLOW for more trade ideas!
On the 4H, Price is sitting around 105.050 region, which has previously acted as a key Support Zone.
On the 1H you can see a clear descending channel, which price broke today. We are expecting price to retrace back into the channel.
The Stochastic indicator is clearly showing an oversold market on both 4H, 1H and 15min.
We will look at a buy trade, to learn more on our position, please do not hesitate to contact me.
Remember to LIKE, COMMENT and FOLLOW for more trade ideas!