Reasons to enter this trade
i) Negative bullish divergence RSI
ii) Price at lower trend-line
iii) Confluence of the trend-line with Support at 1.105
A buy stop order at few pips above 1.1087, with a stop loss below 1.10963, targeting a profit at 1.15.
i) Negative bullish divergence RSI
ii) Price at lower trend-line
iii) Confluence of the trend-line with Support at 1.105
A buy stop order at few pips above 1.1087, with a stop loss below 1.10963, targeting a profit at 1.15.