Price bounced from the strong support level 1.05. RSI confirms price reversal and MACD histogram shows up movement. DMI indicator allows open long trades. We can search for entry levels on 1H or 4H charts. Place stop orders below 1.05 and take-profit orders near 1.08.
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@hubavka, when we have rising ADX line, it means that movement is strong. In such way we can only follow this movement and open trades in the same direction. But when ADX falls, it means that movement is not strong and it's possible to open trades in both directions.