Daily time frame analysis:
Hello my all friends, good morning from the RSI indicator for period 11 application to close dived upwards after bouncing from level 50, which is a trend continuation level or a trend rejection level. So this buy option is very appropriate for us to do in today trading.While on the trading chart on the daily time frame, the current price conditions are still limited between the middle band and upper band of the Bollinger band indicator for the period of 22 applications to close and the Bollinger band indicator for the period of 23 applications to close. The formation of the golden cross pattern is still the main signal for the bullish trend that occurs on the trading chart on the daily time frame. I personally recommend placing a buy order for today’s trade. Below the support level, at 1.3600 to 1.3590, using a take profit of 60 pips and using a stop loss of 30 pips.
H4 time frame analysis:
The price had reached the moving average low when there was a reentry buy process where previously the price was unable to penetrate the moving average high and middle Bollinger bands. However, if you are unable to go down further here, be careful the price will try to give an opportunity to rise and maybe will try to pursue the process for a strong buy candlestick where the target may try to touch the top Bollinger band or resistance 3 points 1.36742 and later it will be correct -actually walked back down in response.