Price is sitting on a tested support line with a 12:00 candle showing indecision and then the 13:00 indicating a change in price direction. 1Hr and 4Hr stochastic oscillator signalling the marketing is oversold. I am speculating the market with reverse to the previous resistance level, as shown in the graph.
Note
Entry: 0.90676SL: 0.90550
TP: 0.90864
Trade closed: target reached
Hit TP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.