$ORCA Analysis 📊
The market has shown a strong impulsive move to the upside, indicating bullish momentum. After this sharp rally, a healthy pullback is expected before the next move.
The highlighted orange zone (around 1.10 – 1.15) is a key buying area where price may come for a retest. This zone can act as support, and if the market reacts positively here, we can expect a continuation towards the upside 📈.
Instead of chasing the price, it’s better to wait for the retracement into the buying zone and look for confirmation before entering a trade.
Plan:
• Buying zone: 1.10 – 1.15
• Entry after confirmation
• Target: Previous high (2.11) and above
❗ Disclaimer: This analysis is for educational purposes only and not financial advice. Trading involves risk, so always do your own research and use proper risk management.