Trading the bounce off the daily trendline. Zoom uit to the daily to see the full extend of this trendline. We can see how price reacted to the trendline and now we are back at the bottom again. Small trade with a tiny risk and potentially nice reward.
@ABKATTA, As you know I am bullish on this pair. The H4 is currently finding resistance on the sma200. This is a decisive level. IF we break it to the upside much higher prices will likely follow. We might have a small bounce but as you see we have currently made a HH. This tells us there is strength.
what's your view on this?