The price passed through the kumo and stopped at 1.15000 resistance level. It’s a buy signal based on Ichimoku indicator. DMI confirms trend markets conditions and allows trading. ADX line moves above 20 level and it can be a confirmation of possible strong upward movement. If we look at the weekly chart, we’ll also see a confirmation for further upward movement. We have a buy opportunity confirmed by different bullish signals. Pending orders for buy must be placed above 1.15000 level. Stop orders must be below the local swing low. Profit targets are 1.51850 and 1.53850 levels. Recommended risk size for this trade is up to 3% from your deposit.
Profit Targets: 1.51850 and 1.53850