Counter Trend Successful and you see how it react once it hits the 20d MA .. Now you need to becareful if you are still holding it..
Observation
1) Trendline - Downtrend ( Bearish)
2) Formed lower low- Bearish
3) MACD - 4R1G and kissing ( Bullish Reversal)
4) RSI - Broke above 30% ( Bullish)
5) Sto - Bullish crossover and above 20% (Bullish)
6) ADX - weak momentum and bullish
7) Candle Stick - Spinning top ( Waiting for determination whether to break above or go down again)
Conclusion
Entry Price at 1.63 ( End of the day)
Resistance at 1.68 and next at 1.78
Support at 1.62
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