Bears have done their job already and now its bulls time. As we see price has broken the previous structure and bearish trend is going to become bullish trend . Currently what I am looking for is wait the price to retest the structure to become a support and then go long. The price stopped big rally at weekly PP and currently consolidating in that area which could be the start of the pullback wave and if the price comes @0.6500 we buy. Our targets will be the next structure zone around the 0.6585.
Trade closed: target reached:
Great trade. Target was hit in profit!