The chart indicates a potential bullish reversal after testing support near 0.1624. Buyers are showing interest again, suggesting that momentum may push the price higher towards resistance. A long entry is preferred as the market attempts to recover.
Trade Setup
Entry: 0.1684
Targets (TP): 0.1750 / 0.1833 / 0.1900
Stop Loss (SL): 0.1624
Risk management
Always risk only 1-2% of your capital per trade and adjust your position size accordingly. Stick to your stop loss to avoid larger drawdowns.
