Triggering a Long-Term Buying opportunity
- Entry @1.1079,
- Stop-Loss @1.1071
- Take-Profit @1.1139
Giving us a 7:5 risk to reward ratio.
- Price Hovering Just over the Oversold Resistance Line
- Selling Pressure is Easing off, Suggesting a Change in Market sentiment
Formation - Showing Buying pressure is present within the short-term selling opportunity should you wish to trade against the trend
No High Volatile News Due for release within the next two days that will influence Price Action.