1) 6 hour candle will close with a long wick indicating buying is strong
2) On the weekly buyers look to be stronger as well, with bounces off the green trend line .
3) Price is probably going for the 1.075 price zone where it bounced off several times now
Enter on the 0.5 fib level of this 6 hour candle
Good trading all!
Trade closed: stop reached:
Looked good initially, but it didn't manage to break