I went by this by measuring the previous range and the current range. The yellow highlighted area are the mid-way point in these ranges.
Waiting for evidence to enter long. My evidence would be an engulfing bearish candle.
If market doesn't reach the 1.11099 market i'll be looking for a candle to close below the current ranges mid-way point (1.08022)
Highlighted and labelled are my 3 possible target areas
Waiting for evidence to enter long. My evidence would be an engulfing bearish candle.
If market doesn't reach the 1.11099 market i'll be looking for a candle to close below the current ranges mid-way point (1.08022)
Highlighted and labelled are my 3 possible target areas