I'm looking for the price to reach either of the alternative trend lines (yellow) as shown in the chart. I want to see bullish divergence forming at this time.
Final step is to draw the most recent trend line and look for break above it which will be the trigger for a buy.
Protection – Below the last low created, before the trend line breakout.
Target 1 – Twice the SL,
Target 2 – 111.80
Target 3 – 113.70
Final step is to draw the most recent trend line and look for break above it which will be the trigger for a buy.
Protection – Below the last low created, before the trend line breakout.
Target 1 – Twice the SL,
Target 2 – 111.80
Target 3 – 113.70
