IF we can get a four-hour bullish closure above 1.25000, we could take it long to 1.25500 and then 1.26200. We need a body with no wicks or a bullish hammer above this level.
Our earlier potential short is put on the back burner as a potential long idea is developing instead.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.