The major trend is upward and MA(20-50-200) shows us strong buy. Sellers became more weaker and then buyers push the price up. Then we can can see a throwback on 1.12963(50% Fibo in H4) . MACD is going to cross the signal line
and stochastic has came form oversold zone. So we expect that the price will go up after this throwback...
and stochastic has came form oversold zone. So we expect that the price will go up after this throwback...
Trade closed: target reached