The price passed through the kumo and it gave us confirmation of a new uptrend. From that moment, we have to open only long trades. The price bounces from the uptrend line and the kumo. DMI confirms a strong uptrend movement. It's time to buy. Pending orders should be placed at 0.79500 level. Stop orders must be placed below 0.78690 level. Profit target is at the resistance level. If the price breaks the uptrend lines and drops below the kumo, pending orders for buy must be deleted.
@DLavrov I just want to make sure if I understand this now correctly. Has the price now broken the uptrend line downwards and thus this idea is now invalid and we should not proceed with buy orders.