has been falling for 7 months already. And one day it must reverse, may be we have such day now? Look at Super Bullish Divergence
formed by MACD
. As for ADX
line, we can see that after each price lows the indicator could not form new highs. It also could be a signal that bears are not so strong now. For long trades entry level is 122.350. Stop must be placed below 120.80 and profit target should be 124.90.