On the daily candle, there is a significant rejection,
with the current price positioned at 0.618.
We predict the price will rise initially before continuing its decline.
There are 2 buy options:
1. Buy now
- TP: 106.940 (+3)
- SL: 104.940 (50 pips)
2. Buy on breakout, must have a momentum candle
- Buy Stop: 105.700
- TP: 106.902 (+2)
- SL: 105.102 (60 pips)