Waiting for price action to hit the third point touches on the trendline entry strategy which also has a major support zone serving as a confluence for a long/buy action. Since its a high volatile pair I love to wait for a double bottom entry confirmation on the 15mins which will see that I have low sl level and also achieve a very good RRR.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.