Structure and the higher timeframe trend is very bearish.
However, there is a nice engulf candle on the support zone
However, try to be risk-free as soon as the price is in your favor as the higher timeframe still supports the bearishness.
Disclaimer : This analysis does not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with a post a comment if it reaches some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because i'm not monitoring this chart all time
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