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Took some buy trades.
– Small US range, indicative of a swing reversal.
– Possible ” W ” formation on the hourly timeframe.
– Weekly support 2 and Monthly support 2.
– Daily support not touched.
– 1.18000 round number with support building.
– Price tends to reverse from the 20th onwards.
Still Iffy at the moment. I would look for an Asian high above 1.18370 to confirm my entry a correct.
Mental stops below the recent low. Take note, this is not scalping but a short to medium term strategy.
Good luck with your trading.