The currency pair is in a good uptrend. The price is touched at its trend line making a new lower high which is the entry point. There is no bearish convergence as confirmed by RSI. Therefore, it is expected to touch the marked TP levels.
Komentar:
As per RSI, the new HH is expected to be the last HH and thus trend reversal. We will close our position here by taking level 1 profit.