Based on 4hr chart, we can see that there are higher lows and higher highs being formed, with long multiple wicks rejecting the downside around the 1468 area. There's also a beautiful ascending channel developing. These confluences are enough to give me a Bullish bias. The SL is very tight due to the current economic conditions, especially as the ongoing US-China trade talks could cause Significant price movements in either directions.
ENTRY: 1467.50
STOP LOSS: 1464
PROFIT TARGET 1: 1480
PROFIT 2: 1490
RATIO: 7:1
ENTRY: 1467.50
STOP LOSS: 1464
PROFIT TARGET 1: 1480
PROFIT 2: 1490
RATIO: 7:1