SELL Area - 1.4577 (my target is 1.4375. Possiblely may drop to 1.4250 area then 1.4196)
Yesterday my Sell Area met at 1.4825 and reach my First Target at 1.4702. Then candle drop slowly but fail to reach my second target at 1.4350 and rebound at 1.4454. Looks like the consolidations movement from 1.4050 (double bottom) ended at 1.4983 and fail to break 1.5050 and this year high at 1.5372.
Trading range still from 1.4050 to 1.5000. If candle break 1.4050 today the market will again test 2009 Low at 1.3500. But if this 23 years Low still hold, candle may test and rebound back to test 1.5000 area.
BUY Area - 1.4637 (my target is 1.4637 area and may go further up to 1.5050 area)
Look at the H4 chart - if candle break and open below that MA line, candle may test again 1.4200 area and again will test this year low at 1.3500 area. But if fail to do so, candle may rebound back to find middle band of BB.
Let see this happen and dont forget your discipline. Trade on what you see only not what you think. I'm in Lumut today and all the time not online today.
Good Luck.
Allah Hu.
