Bullish indications:
Double bottom formation.
Major support respected.
Trend line resistance broken.
Made a higher low with morning star candle.
Bullish divergence in 4 hr time frame.
Fib level 0.5 respected in day time frame.
Bearish indications:
Major resistance at 1.87562
Trade plan bias long @ 1.87047
SL:1.85883
TP1:1.88224
TP2:1.89109
Double bottom formation.
Major support respected.
Trend line resistance broken.
Made a higher low with morning star candle.
Bullish divergence in 4 hr time frame.
Fib level 0.5 respected in day time frame.
Bearish indications:
Major resistance at 1.87562
Trade plan bias long @ 1.87047
SL:1.85883
TP1:1.88224
TP2:1.89109
Comment:
TP1 HIT
Trade closed: target reached