Price is between 2 support levels. MACD
histogram and RSI
confirms price reversal, but DMI shows strong down movement. We'll have to think about opening long trades, when ADX
starts falling. Entry level will be above the high of the signal candle. Stop orders will be placed below 1.0950 and take-profit orders near 1.1200. If price breaks the support levels, we'll see down movement with new entry levels for short trades.
The trading idea is based on Whale Trading Strategy. If you want to learn more about this strategy, please send me a message. I will provide you more information.