1.Price running around range.
2.Short term downtrend formation.
3.Resistance at current price.
BOTH LONG AND SHORT OPPORTUNITY AT CERTAIN PRICE LEVELS.
SHORT-Shorting opportunity with strict SL at ,with first target at and another target if breakdown happens at lower levels.
LONG- Buying opportunity above ,if breakout happens.
THIS IS MY FIRST FOREX ANALYSIS. ALL THE PUBLISHED IDEAS ARE FOR MY OWN ANALYSIS JOURNAL PURPOSE. TO KEEP TRACK OF MY ALL ANALYSIS I PUBLISH IDEAS AND THEY BEAR NO INVESTMENT ADVICES.
JUST A NOVICE ANALYST
#Rule1 Never lose your capital. Focus more on preserving capital than making profits.