Hi guys,
After a tremendous push down on this pair this pair has reached to historical level where it has acted as a support and resistance on a number of occasion in the past. While RSI is also oversold and we have a bullish engulfing candle and a double bottom which suggests a possible reversal.
I have gone long on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
After a tremendous push down on this pair this pair has reached to historical level where it has acted as a support and resistance on a number of occasion in the past. While RSI is also oversold and we have a bullish engulfing candle and a double bottom which suggests a possible reversal.
I have gone long on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Trade closed: target reached