Signs of a new uptrend on the lower time frame are showing a possibility of price rising towards the 1.3200 price region. The potential setup remains valid if price stays above 1.3070.
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources
Disclaimer: Trading foreign currencies (forex) is not appropriate for all investors, and the risks of forex trading can be substantial. You should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources
Comment:
pressure on the lower time frame has currently invalidated the setup due to existing lower lows lower highs. waiting for a new uptrend to reenter