Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (8.69).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. HNTUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 9.07
TP2= @ 9.80
TP3= @ 10.23
TP4= @ 11.28
TP5= @ 13.13
SL= Break below S2
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