Market just finished 1 to 5 Elliot wave pattern, broke downtrend and is heading bullish we are expecting to retrace to 50% fib zone.
Indicators:
AROON: Is already showing strong bullish momentum (orange line crossed blue)
EMA: We just crossed 50 EMA zone
Bollinger band: we bounced off of a bottom band
Entry: 0.0635
Invalidation: 0.0505
Target: 0.932