Indicators
1) Trendline - Broke above the Uptrendline (Bullish)
2) Support/Resistance - Formed higher low (Bullish)3) MACD - If Bullish Crossover will indicate further bullish
4) RSI - .If breaks above 50% will indicate more bullish
5) STO - Bullish Crossover and broke above 50%(Bullish).
6) Ichimoku - a) Above support cloud (Bullish).
b) Conversion line above the base line (Bullish).
c) Price above the baseline ( Bullish)
Conclusion:
Bullish -
E ( Entry) :0.395 ( Closed at or above it)
S ( Stop Loss) : 0.375
P ( Profit) :0.425
RRR (Risk to Reward Ratio) = 1.5 (Average)
Bullish -
E ( Entry) :0.395 ( Closed at or above it)
S ( Stop Loss) : 0.375
P ( Profit) :0.435
RRR (Risk to Reward Ratio) = 2 (Average)
Resistance 0.41 / 0.435 / 0.45 / 0.46
Support 0.38 / 0.372 / 0.36
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