Here on H4 chart we have a nice confluence of two corrective channels.
We have also:
- 200 acting as support
- round number 1.75000 (the label on the chart is not correct)
Today price opened with a gap. I will wait for this gap to be filled and place buy limit orders at 1.75000
The pullback should not be very deep so im placing a short term target to take partial profits as soon as possible. The other two targets are optional and depends on each trader's MM.