UERUSD is printing HH and HL and is in bullish trend already. according to trend line, we want it's price to back test again so we can make a smart entry. There is also a possibility that price would not come back to test trend line again, so we have set our Buy Limit order at FIB RETRACEMENTS level (0.382). Now there is high possibility of our order execution at good price.
By looking at RSI indicator, we can see that RSI is still making HH and HL near 70, we can assume that trend will be continued further.
By looking at RSI indicator, we can see that RSI is still making HH and HL near 70, we can assume that trend will be continued further.