Price has been rejected at the lower parallel of a median line (upslope) where we also have previous structure and the 0.618 fib retracement of previous upmove move. That's a great level to go long with sl and tp as shown at the chart.
Comment:
For those who missed this entry... Price has from the lower parallel breaking above the previous downtrend. It's now in a correction heading to the lower parallel once again. Watch for a buy setup at this level and go long with potential tp the median line.
Comment:
With price at 2:1 in profit it's a nice idea to move sl at breakeven for a risk free trade
Trade closed manually:
Stucture changes, i close this trade with ~ 210 pips profit
Comment:
*structure