Structure: Upward Moving Average: Gonna Test 200 SMA Resistance Trendline: Downtrend Line Broken Pattern: Double Bottom, Neckline Top Broken Trigger: Strong Bullish Candle on Weekly TF Support: 0.8590, 0.83 Resistance: 0.88, 0.90
Wait for Retracement enter Long, possible area around 0.86 level To avoid "fakeout", a rejection candle closed on 4H showing 0.86 support is recommended, best case is a long wick bullish candle. This can lead to smaller SL too.