Price continuing moving in the direction of main trend since it bounced close to major support EMA(200)
Momentum building on MACD 12-26 and MACD crossover
First reaction (contraction) since MACD crossover
Trigger Candle testing EMA 3, 6 and 18
Low Setup Risk - just 2.11% in risk
Entry rules: -Buy Stop order or Manual Buy at 43.53 at the next interval(candle) open -Cancel the order at the end of the day if 43.53 does not get triggered - Stop Loss (S/L) level at 42.61 (adjust position size accordingly, don't risk more than 3% for your current account balance)
Trade management -Move S/L to break-even when price CLOSES above 43.73
Exit rules: -Target 46.41 (Risk-Revard ratio ~3.11)