The pair trades with low volatility
. Indicator DMI
below level 20, Bollinger Bands
contraction could give the good oppotunity for the huge movement. Waiting for expansion of Bollinger Bands
, and when the price closes outside of bands, there will be a signal for openning deal in the direction of breakout. The indicators MACD
must confirm this movement. The Stop Loss must be placed below/above the middle line of Bollinger Bands
(MA20) and Take Profit 1.01310 or just around.