I am waiting for price action to hit my killzone (purple box). After that I will look for a buy candle or signal to enter the trade. As you can see the 100 day moving average is also doing what it should do, so that confluence is what I am looking for. With these high ATR pairs I am looking for a tight stop after confirmation of the buy candle. My first target will be at 1.8050.
Remember the most important thing once we hit our killzone is to let price action show you that the bulls have returned, if price action continues , we just scrap the trade and look elsewhere. PATIENCE WILL PAY.
Have a nice day and if anyone got in the AUDUSD long, I hope you hit some targets there!