Indicators
1 ) Trendline - Broke above the down trendline (Bullish )
2) Support/Resistance - Awaiting for higher high signal..
3) MACD - 4G1R (Bearish)
4) RSI - Declining towards 50% (Bearish) .If rebound from 50% bulllish if vice versa bearish..
5) STO -Bullish Crossover and inclining towards 80% (Bullish ) .
6) Ichimoku - a) Inside the support cloud . If break above it will indicate bullish
b) Conversion line same as the base line . If Conversion break above will indicate bullish
c) Price above the baseline (Bullish )
7) Candlestick - Black candle as a doji.. Bearish
Conclusion:
Bullish -
Entry Price at 0.8
Stop Loss at 0.775
Take Profit at 0.82
Risk to Reward Ration ( RRR) =0.8 (Risky)
Entry Price at 0.8
Stop Loss at 0.775
Take Profit at 0.84
Risk to Reward Ration ( RRR) =1.6 (Average)
Entry Price at 0.8
Stop Loss at 0.775
Take Profit at 0.855
Risk to Reward Ration ( RRR) =2.2 (Rewarding)
Resistance - 0.785/ 0.795 / 0.82 / 0.855 / 0.865
Support - 0.76 / 0.74 / 0.725 / 0.72
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