1. Price was trending lower in a falling equidistant channel. identified at 0.7239 - 0.7175
2. To current lows, strong divergence to the AO
3. Y'day price was a so a possible close today could further strengthen the bias
Trigger: Waiting for the AO to either cross the 0-line OR waiting for a classic saucer buy signal to initiate the trade. Initial stops at recent lows.
Risk: Initial risk at minor identified resistance of 0.6684. If this is cleared, then the trade should be quite a profitable one.