– Price making higher lows & the oscillator making lower lows on the hourly chart.
– Price has broken through resistance 9supply zone) on the daily chart.
– Bullish engulfing pattern on the daily chart.
– Upon a break above the trend line on the hourly timeframe (drawn in blue) – trend line already broken.
– Upon a break above 89.93 (break above the high of the last candle)
– Around 89.10
– Tgt1 = 90.29 (78.6% Fib Expansion) – move SL to BE if this target is hit
– Tgt2 = 91.00 (127.2% Fib Expansion) -move SL to 90.29 if this target is hit
– Tgt3 = 91.50 (161.8% Fib Expansion)