Indicators
1) Trendline - Above Uptrend line (Bullish)2) Support/Resistance - Formed higher high (Bullish)
3) MACD -Formed 4R1G (Bullish)
4) RSI - Trending up towards 50% (Slightly Bullish)
5) STO - Bullish Crossover and Trending up towards 20% (Slightly Bullish) . If break above 20% will indicate strong bullish
6) Ichimoku - a) Above the support cloud (Bullish).b) Conversion line below the base line . ( Bearish )
c) Price below the baseline (Bearish )
7) Candle Stick - Bullish Engulfing after spinning top (Bullish)
Conclusion:
Bullish -
Starting to show signs of higher low and if tomorrow close with another positive white candle will confirm bullish reversal.
Bullish -
Starting to show signs of higher low and if tomorrow close with another positive white candle will confirm bullish reversal.
E ( Entry) :0.29 ( Closed or above it )
S ( Stop Loss) : 0.27
P ( Profit) :0.33
RRR (Risk to Reward Ratio) =1.83 (Rewarding)
Resistance at 0.28 / 0.305 / 0.35 / 0.4
Support at 0.255 / 0.25 / 0.24 / 0.22 / 0.25 / 0.19
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