Waiting on the 1H timeframe for a clear breakout from the support before deciding to go short.
Currently if we look at the 4H timeframe, the bearish candles seems to be weakening, even on the 1H timeframe, there are signs of a strong bullish candle hence will wait for now first.
To know which level to take profits after shorting, will require to review on the 1Month timeframe to determine the levels.
Looking at approx 0.86462
Do drop me a like and share with me your analysis!
Currently if we look at the 4H timeframe, the bearish candles seems to be weakening, even on the 1H timeframe, there are signs of a strong bullish candle hence will wait for now first.
To know which level to take profits after shorting, will require to review on the 1Month timeframe to determine the levels.
Looking at approx 0.86462
Do drop me a like and share with me your analysis!