Monaco Entry Level

The price is going to bounce from the uptrend line. RSI will confirm price reversal, if we have a bullish candle. The downtrend line is a barrier for further upward movement. If the market can break it, we'll get a confirmation of upward movement. DMI shows that the market has power for moving upward. We can try to catch this movement placing buy orders above the downtrend line at 0.002425 level. Stop orders must be below the support zone at 0.001800 level. The main profit target should be at 0.003500 level.