We have these indicators for BUY opportunity:
- Reflection from the bottom of the parallel channel
- Low volume to continue the current direction
- Return to Down Trend Line
- Retest year low
Important note: Be careful at this time at this pair due to fundamental news. Choose a lower amount of lots and when pair dropped, so enter again.
We define 3 goals:
TP 1 = 40 pips
TP 2 = 100 pips
TP 3 = 200 pips
SL = -200 pips