Description :
Price has just broken an overlap support which is now our buy entry at 0.63974. It could potentially rise to 0.65136 which is a recent swing high resistance from 18th Jan 2023.
It is worth noting that there is an ascending support line and a bullish Ichimoku cloud that is providing the bullish momentum to this trade.
Trading Recommendation
Entry: 0.63974
Reason for Entry: Overlap support + bullish momentum from trend line and IKH
Take Profit: 0.65136
Reason for Take Profit:
Recent swing high resistance
Stop Loss: 0.63347
Reason for Stop Loss:
Overlap support
