Bearish biased on higher tf, weekly and daily.
Strongly support by the ascending channel breakout on H4.
We are expecting price to retest the area of sensitivity (1.128-1.129)
Alternatively, pending order at 1.122 (inside bar candle on daily)
PROFESSIONAL ARGUMENTS ARE WELCOME !!
PUT YOUR COMMENTS BELOW THANK YOU :)
SWING YOUR FREEDOM
KINGS CAPITAL
Strong buying pressure on higher TF
Trendline (blue) breakout and wait for retest before we are going long.
The ideal area for going long
-trendline (red)
-daily support area
-61 fibo retracement
And still, we need buying signal/price action in that area before we execute.