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Initiate Long.
Entry - 1.10589
TP1 - 1.11156
TP2 - 1.11449
TP3 - 1.11742
SL - 1.10404
Reason: RSI is in oversold zone. Falling wedge might continue to form until the price find a support. If price returns to S1 we can receive the falling wedge works out.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.