Price bounced from the uptrend line. RSI confirmed price reversal and we got potential for up movement. DMI shows trend market conditions and allows trading. We can buy from the market but 200.00 resistance level is a barrier for possible up movement. That's why it's better to use buy-stop orders for entry higher than this resistance level . Place buy-stop orders at 205.00 with stop below 180.00 level. Profit target for long trades should be at 220.00-225.00 levels.
I teach how to trade properly in TRADUNITY // Come to learn trading and get premium signals here https://tradunity.com
Free Forex Signals: https://www.fxluxus.com
The Best Forex Broker for EAs: https://goo.gl/dsiQN8
Free Forex Signals: https://www.fxluxus.com
The Best Forex Broker for EAs: https://goo.gl/dsiQN8
thanks