Today we are considering a bullish scenario. However, given that all attempts to develop an upward movement are accompanied by a “overwhelming” of the Profit Ratio indicator, it is better to enter the market at a lower price.
There is an increase in Buy Orders when the price attempts to move up. We expect a downward movement to eliminate the accumulated buyers. We recommend to set Buy Limit at 1.113
The first target is at the level of the previous peak - 1.124, and the second one, in case of an active price increase, is at the level - 0